Tiffany (TIF) Shares Spike as Trian's May Says Stock Could Reach $100
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Co-Founder of Trian Partners Peter May, speaking at the Ira Sohn Conference in New York, has said his fund, started with famed-manager Nelson Peltz, still likes Tiffany (NYSE: TIF) and that the stock could reach $100 per share.
After opening Wednesday's session down about 1.1 percent, Tiffany shares are now well into positive territory and at intraday highs. The stock last traded at $70.04, up 1.7 percent from Tuesday's closing price.
After opening Wednesday's session down about 1.1 percent, Tiffany shares are now well into positive territory and at intraday highs. The stock last traded at $70.04, up 1.7 percent from Tuesday's closing price.
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