UPDATE: Sterne Agee Initiates Tiffany & Co. at Neutral on "Silver Lining Potential"
Posted on March 04, 2013 at 10:56 AM EST
In a report published Monday, Sterne Agee initiated coverage on Tiffany & Co. (NYSE: TIF ) with a Neutral rating and $68.00 price target. Sterne Agee noted, “While we acknowledge that macro pressures are currently impacting top-line results (at the same time margins are peaking and compares get tough), we