Tiffany fundamentals intact after arbitration decision, says Sterne Agee Sterne Agee analyst Ike Boruchow believes Tiffany has the cash on hand to pay the $480M total award in the arbitration with Swatch. He says that while it was surprised by the decision, the news eliminates a long-term overhang on the stock. Boruchow recommends buying shares of Tiffany on any weakness and keeps a Buy rating on the stock with a $100 price target.
News For TIF From The Last 14 Days
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