Friday, May 27, 2011 10:38:47 AM
In a note to clients, Morgan Stanley writes, "TIF reported 1Q EPS of $0.67, ahead MS, consensus, and guidance of $0.57. Solid 20% sales growth (+16c) and 50 bps gross margin expansion (+1c) were key sources of upside vs. our estimate. 1Q's positive sales surprise drives 2011e EPS to $3.50 from $3.33 and our PT to $81 from $70. Our '11 and ‘12 estimates appear beatable and we view our bull case as a more likely outcome ($3.70 EPS in 2011e, $4.50 in 2012e), yielding a $90 stock or 18% upside from here."
Morgan Stanley maintains Overweight on TIF
Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/05/1117996/update-morgan-stanley-raises-pt-on-tiffany-to-81#ixzz1NZ0SdAgE
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM