Macy's (M) Tops Q4 EPS by 4c; Issues Light FY15 EPS Outlook

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Stifel Affirms Macy's (M) at 'Buy'; FY15 Guidance Conservative, but Still Well-Positioned Amongst Peers

February 24, 2015 9:32 AM EST

Stifel affirms Macy's (NYSE: M) at Buy with a price target of $70 following the company's Q4 report and outlook issued earlier Tuesday.

Analyst Richard Jaffe noted that Macy's Q4 EPS of $2.44 topped the firm's $2.41 estimate, which was above the $2.39 Street consensus.

Jaffe... More