Tiffany & Co. (TIF) Tops Q4 EPS by 5c; Comments on FY16 Outlook

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Mizuho Securities Raises Price Target on Tiffany & Co. (TIF); Says Guidance is Conservative

March 18, 2016 1:32 PM EDT

Mizuho Securities reiterated a Buy rating on Tiffany & Co. (NYSE: TIF), and raised the price target to $80.00 (from $75.00), to reflect the multiple expansion luxury group. TIF continues to make progress with refreshing collections and cited positive response to new fashion and fine jewelry designs, including the Return to Tiffany... More