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Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:44 EDTTIFTiffany shares should be bought on any weakness, says Oppenheimer
Although Oppenheimer believes that seasonal challenges and weaker Japan sales could weigh on Tiffany in the near-term, the firm thinks the company is well-positioned for continued EPS growth and may generate higher than expected EPS. The firm raised its price target on the shares to $112 from $101 and keeps an Outperform rating on the stock.
News For TIF From The Last 14 Days
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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.

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