Citigroup Reiterates Neutral on Macy's, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has reiterated a Neutral rating on Macy's (NYSE:M) and lowered the price target from $16 to $15.
June 02, 2023 | 4:30 pm
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Citigroup analyst Paul Lejuez reiterated a Neutral rating on Macy's and lowered the price target from $16 to $15.
The news directly pertains to Macy's as the analyst has reiterated a Neutral rating and lowered the price target. This may not have a significant short-term impact on the stock price as the rating remains unchanged, but the lowered price target could indicate a slightly less optimistic outlook for the company.
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