Macy's (M) Tops Q4 EPS by 14c, Comps Increase 1.3%
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Put Buying Activity in Macy's (M) Amid 5-Day Rally, Targets 8% Downside in Shares into May 16th Earnings Announcement -Susquehanna
February 28, 2018 1:30 PM ESTSusquehanna options strategist Alison Edwards notes put buying activity in Macy's (NYSE: M), an an investor purchased19k May 30 Puts for $3.00 to $3.25, targeting an 8% pullback into mid-May. The investor gains exposure to earnings on 5/16 (2 days before expiry).
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Macy's (M) PT Raised to $31 at RBC Capital
February 28, 2018 8:45 AM ESTRBC Capital raised its price target on Macy's (NYSE: M) to $31.00 (from $26.00) while maintaining a Sector Perform rating following the company's 4Q earnings report. M reported a $0.10 EPS beat in Q4 with +1.3% comps.
Despite expectations for moderate improvements in the business, analyst... More
