Signet Jewelers price target raised to $105 from $90 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Signet Jewelers to $105 from $90 and keeps a Market Perform rating on the shares ahead of the company reporting Q4 results before the market open on Wednesday, March 20. Ahead of the upcoming report the firm is increasing its estimates on what it believes was a “solid holiday season,” raising its EPS forecast to $6.37 from $6.25 previously.