Monday, February 20, 2012

Morgan Stanley Sees Tiffany EPS Growth

Morgan Stanley Sees Tiffany EPS Growth Tube. Duration : 0.83 Mins.


"Morgan Stanley (NYSE:MS) believes Tiffany & Co. (NYSE:TIF) annual EPS will increase by 13 to 15 percent due to international expansion and US store base increase. Morgan Stanley believes that the jewelry retailer will be able to increase prices, because most consumers don't know about average pricing of the goods. The bank is 7 percent above consensus estimates for 2011. On September 23, 2010, Tiffany & Co (NYSE:TIF) was downgraded two notches to Sell from Neutral at Goldman Sachs. The stock is trading at .64, which is 35.69% higher than the downgrade price of .69."

Tags: Tiffany, TIF, Morgan, Stanley, MS, Analyst, Stock, Trading, Market, Analysis, Financial, News

No comments:

Post a Comment