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Wells Fargo Sees 20% Upside In Signet Jewelers
Friday, August 26, 2016 - 9:36am | 387Although investors might have expected a challenging Q2, Signet Jewelers Ltd. (NYSE: SIG) reported worse-than-expected results for the quarter. Wells Fargo’s Ike Boruchow maintains an Outperform rating on the company. Negative Comp Trends While reporting its Q2 results well below the guidance...
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Citi 'Cautious' On Signet Following Timing Of $625 Million Fundraising
Friday, August 26, 2016 - 8:24am | 373Citi’s Paul Lejuez expressed concern regarding the sales/merch margin equation turning negative for Signet Jewelers Ltd. (NYSE: SIG) during Q2, as well as the weakness at Zale Corporation over the last two quarters. Lejuez downgraded the rating on the company from Buy to Neutral while...