Tiffany & Co. (TIF) Raises Quarterly Dividend 11.8% to $0.38; 1.6% Yield

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Go back to Tiffany & Co. (TIF) Raises Quarterly Dividend 11.8% to $0.38; 1.6% Yield

Tiffany & Co. (TIF) Numbers Lifted at Nomura on Strong Q1

May 22, 2014 8:53 AM EDT

Nomura Securities analyst Robert Drbul raised estimates and his price target on Buy-rated Tiffany & Co. (NYSE: TIF) to $110.00 (from $100.00) following strong Q1 results.

Drbul commented, "Total sales in the quarter increased 13% YoY to $1bn, or 15% in constant currency. Gross margin expanded 200bps to... More