Watching Macy's; Traders Circulating Rumor That The Company Was Upgraded To A Buy At Gordon Haskett
Portfolio Pulse from Happy Mohamed
Traders are circulating a rumor that Macy's has been upgraded to a 'Buy' rating at Gordon Haskett.
June 01, 2023 | 5:20 pm
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Macy's is rumored to have been upgraded to a 'Buy' rating at Gordon Haskett, potentially impacting its stock price.
If the rumor is true, the 'Buy' rating from Gordon Haskett could lead to increased investor confidence in Macy's, potentially driving up the stock price. However, as it is still a rumor, the impact may be less significant if the upgrade is not confirmed.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100