Tiffany Reports Holiday Period Sales Results

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Go back to Tiffany Reports Holiday Period Sales Results

Mizuho Securities Remains Bullish on Tiffany & Co. (TIF) Despite Weak Holiday Sales - PT to $75

January 19, 2016 2:34 PM EST

Mizuho Securities maintained a Buy rating on Tiffany & Co. (NYSE: TIF), and cut the price target to $75.00 (from $90.00), following "softer-than-expected" Holiday sales. TIF reported total Nov and Dec sales of $961mm which reflects (6)% Y/Y decline in USD. Mizuho says that the pullback... More