Lucy Nieves
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Is Tiffany's Long-Term Outlook Getting Brighter?

Tiffany & Co.  is scheduled to report its Q3 results on November 29. While the company continues to operate in a challenging environment that could impact its near-term performance, the longer-term outlook seems to be brightening.

Oppenheimer’s Brian Nagel maintained an Outperform rating on Tiffany, while raising the price target from $80 to $87.

“In our view, TIF represents an established, yet still up-and-coming global luxury brand, with the potential to continue to successfully build consumer recognition in new and existing markets,” Nagel wrote.

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