Macy’s, Inc. Reports First Quarter 2024 Results
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UBS Reiterates Sell Rating on Macy's (M)
May 22, 2024 5:51 AM EDTUBS 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
Macy's (M) PT Raised to $27 at JPMorgan
May 22, 2024 5:42 AM EDTJPMorgan analyst Matthew Boss raised the price target on Macy's (NYSE: M) to $27.00 (from $25.00) while maintaining a Overweight rating.
The analyst comments "We see Macys at a model inflection point to accelerated multi-year growth supported by a number of growth vectors and a sustained... More
Macy's (M) PT Raised to $19 at CFRA
May 21, 2024 8:52 AM EDTCFRA analyst Zachary Warring raised the price target on Macy's (NYSE: M) to $19.00 (from $18.00) while maintaining a Hold rating.
The analyst comments "We raise our 12-month price target by $1 to $19, based on 7.2x our FY 25 (Jan.) EPS estimate and in line with the... More
Macy's (M) Tops Q1 EPS by 11c, Misses on Revenue; Offers FY25 Guidance
May 21, 2024 6:56 AM EDTMacy's (NYSE: M) reported Q1 EPS of $0.27, $0.11 better than the analyst estimate of $0.16. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.81 billion.
GUIDANCE:
Macy's sees FY2025 EPS of $2.55-$2.90, versus the consensus of $2.62. Macy's sees FY2025... More
