UBS raised the firm’s price target on Signet Jewelers (SIG) to $110 from $95 and keeps a Buy rating on the shares. Signet Jewelers is a turnaround stock that is regaining its shine, and the Q2 report is likely a positive stock catalyst, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIG:
- Signet Jewelers price target raised to $100 from $90 at BofA
- Signet Jewelers price target raised to $110 from $100 at Citi
- Balanced Hold Rating on Signet Jewelers Amid Strong Earnings and Tariff Risks
- Signet Jewelers Raises Guidance After Strong Q2 Performance
- Signet Jewelers’ Earnings Call Highlights Growth and Challenges