Macy's (M) Raises Quarterly Dividend 2.2% to $0.1737; 3.6% Yield

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Go back to Macy's (M) Raises Quarterly Dividend 2.2% to $0.1737; 3.6% Yield

CFRA Downgrades Macy's (M) to Hold

February 27, 2024 12:55 PM EST

CFRA analyst Zachary Warring downgraded Macy's (NYSE: M) from Buy to Hold with a price target of $18.00 (from $19.00).

The analyst comments "We lower our 12-month price target by $1 to $18, based on 7.2x our FY 25 (Jan.) EPS estimate and in line with the company's... More