Signet Jewelers price target raised to $125 from $120 at Wells Fargo

Wells Fargo raised the firm’s price target on Signet Jewelers to $125 from $120 and keeps an Overweight rating on the shares. While the macro remains an issue for fashion, the firm views a low bar and checks pointing to a potential strong Mother’s Day – which could mean a much stronger Q2-to-date trend – to continue pushing shares higher.