Shares of Tiffany (TIF -3%) fall lower after Monness Crespi Hardt downgrades the retailer to...

|About: Tiffany & Co. (TIF)|By:, SA News Editor

Shares of Tiffany (TIF -3%) fall lower after Monness Crespi Hardt downgrades the retailer to Hold from Buy. A stronger-than-expected report from Swatch also raises a few questions on whether or not luxury buyers are trading down a notch or two.