Macy's forecasts sales hit from steep promotions, uneven demand
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- FOMC minutes from July 28-29th meeting
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
Macy's (M) PT Lowered to $17 at Morgan Stanley
August 22, 2024 5:42 AM EDTMorgan Stanley analyst Kimberly Greenberger lowered the price target on Macy's (NYSE: M) to $17.00 (from $18.00) while maintaining a Equalweight rating.
The analyst comments "Though M beat 2Q EPS & reiterated FY EPS guidance, this result was lower-quality. We continue to see... More
Macy's (M) PT Lowered to $16 at Citi
August 22, 2024 5:02 AM EDTCiti analyst Paul Lejuez lowered the price target on Macy's (NYSE: M) to $16.00 (from $17.00) while maintaining a Neutral rating.
The analyst comments "Unlike what we heard from WMT, TGT and TJX, M saw a slowdown as 2Q progressed and significantly missed comp expectations... More
Macy's (M) PT Lowered to $16 at Evercore ISI
August 21, 2024 2:46 PM EDTEvercore ISI analyst Michael Binetti lowered the price target on Macy's (NYSE: M) to $16.00 (from $17.00) while maintaining a In Line rating.
The analyst comments "Bottom Line: Macys reported 2Q EPS at $0.53. Excluding $0.10 from 1x asset sales 2Q EPS was $0.43, above our $0.26/Street $0.30.... More
