Macy's (M) option IV elevated into quarter results and outlook

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Macy's (M) PT Raised to $22 at Citi, 'We Lean More Positive but Stay Neutral'

February 28, 2024 3:19 AM EST

Citi analyst Paul Lejuez raised the price target on Macy's (NYSE: M) to $22.00 (from $18.00) while maintaining a Neutral rating.

The analyst comments "4Q GM/EPS beat consensus though sales were still weak (comps -5%) and mgmt is looking for a sales decline in... More

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