Wells Fargo raised the firm’s price target on Signet Jewelers to $100 from $90 and keeps an Overweight rating on the shares. Signet’s Q4 print was strong, including a solid Q4 bottom-line beat and an above-Street FY outlook, the analyst tells investors in a research note. The firm anticipates further color on margins, market share, and Blue Nile at its April Investor Day event.
Published first on TheFly
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