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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Jewelry Demand Remains Strong, BofA Says in Signet Upgrade

13/10 13:13


  • (PLX AI) – Jewelry demand remains strong even as consumers return to more normal activities after the pandemic, analysts at Bank of America said, upgrading their recommendation on Signet to neutral from underperform.
  • • Signet does not expect any material disruptions for the remainder of the year due to its strong vendor partnerships and use of air freight over ocean freight
  • • This is a key advantage and offsets the risk of spending shifts, BofA said
  • • NOTE: Pandora is scheduled to report earnings for the third quarter on Nov. 3