According to Goldman Sachs, Tiffany TIF price target is raised to $72.
Goldman Sachs said that TIF reported operating EPS of $0.86, beating the estimate of $0.72 and consensus of $0.70. “We are raising our FY2011, FY2012, and FY2013 EPS estimates to $3.80, $4.25, and $4.60 from $3.60, $4.05, and $4.40.”
Tiffany closed yesterday at $69.01.
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