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UPDATE: Deutsche Bank Raises Price Target On Tiffany To $79


According to Deutsche Bank, Tiffany (NYSE: TIF) price target is raised to $79.

Deutsche Bank said that TIF's share price reacted nicely to its significant earnings beat in the Q2 results, which re-aligned the valuation closer to fundamentals. “We continue to like the LT TIF story (US share gains, pricing power, global SQFT opportunities), yet the risk/reward looks less obvious due to the rising macro risks. We maintain Hold.”

Tiffany closed yesterday at $69.01.

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings


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