Signet Jewelers (SIG) PT Lowered to $61 at Buckingham Research, 'Credit Bears Awake From Hibernation; Resolution Several Qtrs Away'
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Signet Jewelers (SIG) PT Lowered to $66 at BofA/Merrill Lynch
November 22, 2017 6:57 AM ESTBofA/Merrill Lynch lowered its price target on Signet Jewelers (NYSE: SIG) to $66.00 (from $75.00) while maintaining a Buy rating.
Analyst Lorraine Hutchinson was disappointed in the credit execution errors but remains positive citing an incremental progress on credit from management will be rewarded.
... MoreSignet Jewelers (SIG) PT Lowered to $54 at Cowen
November 22, 2017 6:07 AM ESTCowen lowered its price target on Signet Jewelers (NYSE: SIG) to $54.00 (from $67.00) while maintaining a Market Perform rating.
Analyst Oliver Chen is expecting another year of difficult for the company noting potential for continued lacking visibility and consistency. The analyst... More
Signet Jewelers (SIG) PT Lowered to $64 at Nomura/Instinet
November 22, 2017 5:21 AM ESTNomura/Instinet lowered its price target on Signet Jewelers (NYSE: SIG) to $64.00 (from $73.00) while maintaining a Buy rating.
Analyst Simeon Siegel believes with the valuation trading at 8x FY 2019 EPS estimate there exists some downside support and favorable risk/reward... More
UPDATE: Wells Fargo Downgrades Signet Jewelers (SIG) to Market Perform, Says "'No Credit, No Problem' Becoming a Problem"
November 21, 2017 12:42 PM EST(Updated - November 21, 2017 12:58 PM EST)
(updated to add analyst comment)
Wells Fargo downgraded Signet Jewelers (NYSE: SIG) from Outperform to Market Perform, price target $60.00 (from $75.00).
Analyst Ike Boruchow says credit continues to fuel the narrative noting "...SIG is seeing meaningful... More
