Oppenheimer Increases Tiffany Price Target To $100

According to Oppenheimer, Tiffany TIF is well positioned for long-term success. Oppenheimer said that it has for some time recommended Tiffany as one of the most attractive investment opportunities amongst leading retail stocks. “TIF shares are up 46% vs. gains of 5% and 3% in the S&P 500 and OPCO Hardlines coverage, respectively. We believe the recent move higher reflects abating concerns over Japan and softness in the US. We expect improving growth and returns to drive shares from here.” Tiffany closed yesterday at $82.08.