Macy's (M) Stock Rallies on Strong Result, Guidance and New $2 Billion Buyback
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Macy's (M) PT Lowered to $40 at Jefferies
February 23, 2022 7:44 AM ESTJefferies analyst Stephanie Wissink lowered the price target on Macy's (NYSE: M) to $40.00 (from $45.00) while maintaining a Buy rating following results.
The analyst commented, "M beat Q4, guided FY22 above the Street, and issued 3YR targets of +LSD% sales growth and LDD% EBITDA... More
