Barclays Initiates Tiffany At Equal-weight

Barclays initiated coverage on shares of Tiffany & Co

with a Equal-weight rating. The target price for Tiffany is set to $89. Tiffany shares have surged 16.10% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. Tiffany's shares rose 3.36% to close at $90.72 yesterday.