Jeweler Tiffany posts steepest sales drop since financial crisis

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Nomura Securities Cuts Price Target on Tiffany & Co. (TIF) to $75; Reiterates Buy

May 26, 2016 8:59 AM EDT

Nomura Securities maintained a Buy rating on Tiffany & Co. (NYSE: TIF), and cut the price target to $75.00 (from $90.00), following the company's 1Q earnings report.

Analyst Robert Drbul commented, "TIF reported 1Q16 EPS of $0.69, including a $0.05 tax benefit, below our estimate of $0.70 and above consensus... More

Mizuho Securities Cuts Price Target on Tiffany & Co. (TIF) Following 1Q EPS Beat

May 25, 2016 4:22 PM EDT

Mizuho Securities maintained a Buy rating on Tiffany & Co. (NYSE: TIF), and cut the price target to $72.00 (from $80.00), following the company's 1Q earnings report. EPS of $0.69 was above consensus $0.68 estimate, partially due to a $0.05 tax settlement benefit.

Analyst Betty Chen commented, "We are... More