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Empresas y finanzas

Tiffany shares seen up after recent pullback: Barron's


    (Reuters) - Shares in American jewelry company Tiffany could rise following a recent pullback, Barron's wrote in its July 9 edition.

    The target price for the luxury goods maker's shares is $63, according to analysts at Canaccord Genuity, the financial weekly said.

    Tiffany stock closed at $53.45 on Friday, down from close to $70 in early May.

    Canaccord Genuity said the stock's recent pullback has opened a window of opportunity in a company with significant global expansion opportunities, according to Barron's.

    (Reporting By Scott DiSavino; Editing by Marguerita Choy)