Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Legg Mason Cuts Rating on Tiffany to Hold from Buy

Legg Mason downgraded Tiffany & Co (TIF) to hold from buy, explaining that the company's share price has moved past his $42 target.

Analyst David Schick believes the shares are pricing in factors such as continued strength domestically and in Japan, among other things. He believes it unlikely that Tiffany's operating income will grow appreciably faster in fiscal year 2006 (ending January) than in fiscal year 2005. He remains favorably disposed toward the stock as he likes the company's business model.

blog comments powered by Disqus