Wells Fargo Downgrades The Macerich Company (MAC) to Market Perform

Wells Fargo analyst Jeffrey J. Donnelly downgraded The Macerich Company (NYSE: MAC) from Outperform to Market Perform with a price target of $43.00 (from $65.50).

The analyst steps aside citing a lack of internal catalysts to drive outperformance.

For an analyst ratings summary and ratings history on The Macerich Company click here. For more ratings news on The Macerich Company click here.

Shares of The Macerich Company closed at $42.83 yesterday.

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