Lower precious-metal costs add sparkle to Tiffany's profit

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Go back to Lower precious-metal costs add sparkle to Tiffany's profit

Nomura Securities Raises Price Target on Tiffany & Co. (TIF) Following Better-Than-Expected 2Q

August 29, 2016 7:35 AM EDT

Nomura Securities reiterated a Buy rating on Tiffany & Co. (NYSE: TIF), and raised the price target to $76.00 (from $64.00), following the company's 2Q earnings report. TIF posted meaningfully better-than-expected GMs in 2Q for a third straight quarter of >200bp expansion. The beat allowed management... More

EPS Beat Improves Cowen's Confidence on Tiffany & Co. (TIF); Reiterates Market Perform

August 26, 2016 6:48 AM EDT

Cowen reiterated a Market Perform rating on Tiffany & Co. (NYSE: TIF), and raised the price target to $74.00 (from $68.00), following the company's 2Q earnings report. TIF reported a worldwide comp decline of -9% C/C, partly attributed to lower tourist spending. However, a $0.12 EPS beat... More

Mizuho Securities Raises Price Target on Tiffany & Co. (TIF) to $82 Following Solid 2Q Beat

August 25, 2016 4:18 PM EDT

Mizuho Securities reiterated a Buy rating on Tiffany & Co. (NYSE: TIF), and raised the price target to $82.00 (from $72.00), following the company's 2Q earnings report. TIF reported EPS of $0.84, above the consensus estimates of $0.62. The beat was driven by SG&A control and stabilization in select... More