Telsey Advisory Group Reiterates Market Perform on Macy's, Maintains $16 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has reiterated its 'Market Perform' rating on Macy's (NYSE:M) and maintained its price target of $16.
August 22, 2023 | 12:37 pm
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Telsey Advisory Group has reiterated its 'Market Perform' rating on Macy's and maintained its price target of $16.
The news is directly about Macy's and its rating by Telsey Advisory Group. The reiteration of the 'Market Perform' rating and maintenance of the price target suggests that the analyst's view on the company has not changed. This is likely to have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100