BofA analyst Lorraine Hutchinson raised the firm’s price target on Signet Jewelers (SIG) to $100 from $90 and keeps a Neutral rating on the shares. The firm is maintaining its FY26 EPS estimate as tariffs offset the Q2 beat and reducing FY27 EPS estimates by 6% to reflect some first half pressure from the 50% India tariff, but raising its multiple and target to reflect continued signs of a sales turnaround, the analyst tells investors in a post-earnings note.
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