UBS raised the firm’s price target on Signet Jewelers (SIG) to $95 from $84 and keeps a Buy rating on the shares. UBS forecasts an 11% five-year EPS compound annual growth rate and expects EPS beats over the near-term to catalyze the stock towards the $95 price target the analyst says. The firm sees a favorable upside/downside skew.
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Read More on SIG:
- Signet Jewelers price target raised to $78 from $65 at BofA
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