Telsey Advisory Group Reiterates Market Perform on Macy's, Maintains $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Macy's (NYSE:M) and maintained a $25 price target.
May 24, 2023 | 9:11 am
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Telsey Advisory Group reaffirms Market Perform rating on Macy's (NYSE:M) and keeps a $25 price target.
The news is directly related to Macy's as Telsey Advisory Group reiterates their Market Perform rating and maintains the $25 price target. This reaffirmation does not indicate any significant change in the company's outlook, thus the short-term impact on the stock price is neutral. The importance is moderate as it comes from a reputable analyst group, and the confidence in the analysis is high due to the clear and direct information provided in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100