By: Benzinga
January 24, 2013 at 08:54 AM EST
UPDATE: Canaccord Genuity Downgrades Tiffany & Co to Hold on Lack of Near-Term Visibility
Canaccord Genuity downgraded Tiffany & Co (NYSE: TIF ) from Buy to Hold and maintained at $58.00 price target. Canaccord Genuity noted, "We are downgrading shares of TIF from Buy to HOLD as the company's sales momentum continues to decelerate against an uncertain macroeconomic backdrop. Recent tax law changes threaten
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