Macy's (M) June weekly call option implied volatility increases into hosting an investor day
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June 7, 2017 9:35 AM EDT
BofA/Merrill Lynch lowered its price target on Macy's (NYSE: M) to $25.00 (from $31.00) while maintaining a Neutral rating following analyst day. Macys is optimistic it can stabilize sales in F17 and drive growth by F18/19, but acknowledges ongoing challenges.
Management reiterated F17... More
June 7, 2017 7:38 AM EDT
Jefferies lowered its price target on Macy's (NYSE: M) to $24.00 (from $27.00) while maintaining a Hold rating following analyst day. Management focused on LT initiatives to drive the biz including marketing, merchandising, omni capabilities, and real estate monetization.
Management guided GM's down... More
June 6, 2017 10:37 AM EDT
(Updated - June 6, 2017 11:08 AM EDT)
Macy's (NYSE: M) reaffirmed its FY EPS guidance during its investor day but warned about gross margins, according to reports.... More
