A healthy upside potential exists for Signet Jewelers Limited (SIG) Stock

Telsey Advisory Group lowered the price target for the Signet Jewelers Limited (NYSE:SIG) stock to ‘a Market perform’. The rating was released on June 10, 2023, according to finviz. The research report from BofA Securities has upgraded the stock from Underperform to Neutral, with a price target set at $88. The stock was upgraded by Wells Fargo, who disclosed in a research note on September 16, 2021, from Equal Weight to Overweight and set the price objective to $100. In their research brief published June 11, 2021, Wells Fargo analysts upgraded the Signet Jewelers Limited stock from Underweight to Equal Weight with a price target of $70.