Goldman Sachs Upgrades The Macerich Company (MAC) to Buy

November 21, 2011 6:49 AM EST
Get Alerts MAC Hot Sheet
Price: $24.71 --0%

Rating Summary:
    13 Buy, 12 Hold, 5 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 7 | Down: 12 | New: 19
Join SI Premium – FREE
Goldman Sachs upgraded The Macerich Company (NYSE: MAC) from Neutral to Buy with a price target of $53.

The firm views the current valuation as attractive given the earnings growth potential from its development and expansion pipeline.

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 $49.04 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Goldman Sachs, Earnings