NEW YORK (TheStreet) -- Shares of Tiffany & Co.(TIF - Get Report) are lower by -0.97% to $101.75 in pre-market trading today as Credit Suisse(CS) raised its price target on the jewelry company to $112 from $104, with an "outperform" rating.
Analysts at the firm cited Tiffany's expanding margins for its price target boost.
Separately, TheStreet Ratings team rates TIFFANY & CO as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate TIFFANY & CO (TIF) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
- You can view the full analysis from the report here: TIF Ratings Report
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