UBS Maintains Buy on Signet Jewelers, Lowers Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Mauricio Serna maintains a Buy rating on Signet Jewelers (NYSE:SIG) but lowers the price target from $98 to $90.
June 09, 2023 | 2:02 pm
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NEUTRAL IMPACT
UBS analyst maintains Buy rating on Signet Jewelers (NYSE:SIG) but lowers price target from $98 to $90.
The news of UBS maintaining a Buy rating on Signet Jewelers indicates continued confidence in the company's performance. However, the lowering of the price target from $98 to $90 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100