Macy's (M) Q3 EPS Tops Consensus, Raises FY Guidance

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Go back to Macy's (M) Q3 EPS Tops Consensus, Raises FY Guidance

Macy's (M) PT Raised to $45 at Cowen

November 19, 2021 6:29 AM EST

Cowen analyst Oliver Chen raised the price target on Macy's (NYSE: M) to $45.00 (from $37.00) while maintaining an Outperform rating.

The analyst commented, "Macy's reported 3Q21 results well ahead of Cowen and the Street with a good set-up for holiday demonstrating potential... More

Macy's (M) Stock Surges 17% After Crushing Q3 and Guidance Views, Comp Sales Up 37%

November 18, 2021 10:45 AM EST

Shares of Macys (NYSE: M) are up more than 17% today after the company delivered impressive Q3 results and outlook.

Macy's reported Q3 EPS of $1.23 to smash the analyst estimate of $0.31. Revenue for the quarter came in at $5.44 billion versus the consensus estimate of $5.2... More