Macy's cuts annual profit forecast as tariffs loom over consumer demand

Go back to Macy's cuts annual profit forecast as tariffs loom over consumer demand

Macy's (M) PT Raised to $12 at Citi

May 29, 2025 4:56 AM EDT

Citi analyst Paul Lejuez raised the price target on Macy's (NYSE: M) to $12.00 (from $11.00) while maintaining a Neutral rating.

The analyst comments "1Q overall was better than consensus as sales trends improved as the quarter progressed and have further improved in May... More

Macy's (M) PT Lowered to $12 at JPMorgan

May 28, 2025 11:53 AM EDT

JPMorgan analyst Matthew Boss lowered the price target on Macy's (NYSE: M) to $12.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "M reported 1Q25 adj. EPS of $0.16 (vs. Street $0.15) comprised of -1.2% owned/licensed same-store-sales (above Street -2.4%), gross margin expansion Flat to 39.2% (vs. Street... More