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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:34 EDTTIFTiffany guidance conservative, says Wells Fargo
Wells Fargo believes that Tiffany's EPS guidance for Q2 and 2014 seem conservative. However, the firm thinks that the stock's reaction yesterday indicates that the market has reached the same conclusion. Wells raised its price target on the shares to $90-$94 from $86-$90. It keeps a Market Perform rating on the stock.
News For TIF From The Last 14 Days
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June 23, 2015
10:37 EDTTIFTiffany sees 'minimal growth' in FY EPS, consensus $4.23
Says plans to increase global square footage 4%-5% annually for the foreseeable future. Sees ability to generate "healthy" free cash flow. Sees demand for products "consistent" with past trends. Says branded jewelry continues to be attractive globally. Says tourism purchases in the U.S. are "definitely down," but seeing pickups in other markets around the world. Comments made by CFO Ralph Nicoletti at the Jefferies 2015 Global Consumer Conference. Tiffany & Co is up 0.9% to $94.06 in morning trading.

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