Increasing unusual put option volume: GEL OPK VNQ SIG BBT ESV

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Signet Jewelers (SIG) PT Lowered to $46 at Cowen

December 7, 2018 9:02 AM EST

Cowen analyst Oliver Chen lowered the price target on Signet Jewelers (NYSE: SIG) to $46.00 (from $70.00) while maintaining a Market Perform rating.

Chen commented, "The risk of holiday sales largely determining FY19 performance was heightened with higher promotions, softening in-store traffic & credit application... More