New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 6, 2014
05:48 EDTTIFTiffany upgraded to Buy from Neutral at Citigroup
Citigroup upgraded its rating on Tiffany (TIF) to Buy from Neutral on expectations the company's new management and design teams will drive improved same store sales. Citi also expects stabilizing trends in silver fashion jewelry to bring gross margin upside and a higher share price. The firm raised its price target for the stock to $110 from $100. Tiffany shares closed yesterday down 28c to $93.06.
News For TIF From The Last 14 Days
Check below for free stories on TIF the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
16:37 EDTTIFLone Pine Capital reports 5.3% passive stake in Tiffany
September 24, 2014
08:21 EDTTIFTiffany's new CFO to unlock value through P&L initiatives, says Goldman
Goldman said Tiffany's recently appointed CFO Ralph Nicoletti is a new driver of strength and expects him to drive meaningful free-cash-flow improvement by unlocking value in the P&L. The analyst said yesterday's refinancing is just the beginning of initiatives that will unlock value and expects to see sourcing cost reductions, streamlining of lead times, and lower capex, tax rate, and interest expenses. Shares are Buy rated with a $116 price target up from $114.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use