Macy's investors mount $5.8 billion buyout bid
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Citi Downgrades Macy's (M) to Sell, 'Consider Us Skeptical of a Deal Materializing'
December 12, 2023 5:05 AM ESTCiti analyst Paul Lejuez downgraded Macy's (NYSE: M) from Neutral to Sell with a price target of $14.00.
The analyst comments "We are downgrading M from Neutral to Sell. The stock was +20% on the WSJ report of a $21/sh bid made for the... More
Macy's (M) PT Raised to $21 at Evercore ISI, 'take-out bid will shine a light on the asset value of the company'
December 11, 2023 9:38 AM ESTEvercore ISI analyst Michael Binetti raised the price target on Macy's (NYSE: M) to $21.00 (from $13.00) while maintaining a In Line rating.
The analyst comments " We think the take-out bid will shine a light on the asset value of the company, and we... More
