How Analysts Reacted to Tiffany’s Q3 Results
Several analysts covering Tiffany (TIF) stock lowered their target price following the company’s unimpressive third-quarter results. The downward adjustments in Tiffany’s target price are as follows: Jefferies lowered its target price to $130 from $160. KeyBanc reduced it to $125 from $150. Cowen decreased the target price to $115 from $150. RBC lowered the target price to $105 from $132. Morgan Stanley lowered it to $96 from $126.