Signet Jewelers price target raised to $96 from $92 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on Signet Jewelers (SIG) to $96 from $92 and keeps a Market Perform rating on the shares. The company reported “nice” Q3 results, with the company managing well through assortment and promotional challenges, the analyst tells investors. The firm notes, however, that the overall macro-consumer environment and its impact heading into the holiday season as well as the company’s exposure to the Indian tariff situation are concerns.