SIG Stock Heads For Best Week In Over A Year On Q2 Profit Beat: Analysts See Stronger Holiday Momentum For Signet
Signet’s strong Q2 results, improving margins, and higher selling prices prompted multiple analysts to raise price targets. Goldman Sachs raised its Signet price target, citing Q2 sales growth, a 6% rise in average selling prices, and stronger margins. Telsey Advisory raised its price target to $105 from $96, citing improvements in Signet’s products and operations. … Read more