B of A Securities Maintains Neutral on Signet Jewelers, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Neutral rating on Signet Jewelers (NYSE:SIG) and lowers the price target from $110 to $100.
March 21, 2024 | 6:08 pm
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B of A Securities maintains a Neutral rating on Signet Jewelers and lowers the price target from $110 to $100.
The reduction in the price target from $110 to $100 by B of A Securities suggests a less optimistic outlook on Signet Jewelers' stock value in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100