Macy's (M) May weekly option implied volatility into quarter results

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UBS Reiterates Sell Rating on Macy's (M)

May 22, 2024 5:51 AM EDT

UBS analyst Jay Sole reiterated a Sell rating and $10.00 price target on Macy's (NYSE: M).

The analyst comments "Macy's raised its FY24 adjusted EPS guidance to $2.55-2.90 from $2.45-2.85. This is a 3% increase at the midpoint. We estimate the sell-side will raise its... More