Signet Jewelers price target lowered to $134 from $138 at UBS

UBS lowered the firm’s price target on Signet Jewelers to $134 from $138 and keeps a Buy rating on the shares. The firm expects the company to provide a FY25 EPS outlook in the $10.25-$10.80 range, likely meeting the market’s expectations, the analyst tells investors in a research note. UBS thinks below-consensus Q1 sales guidance and soft Q1-to-date commentary could modestly pressure sentiment.