Telsey Advisory Group Maintains Market Perform on Macy's, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained a 'Market Perform' rating on Macy's (NYSE:M) and lowered the price target from $16 to $14.
August 23, 2023 | 9:37 am
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Macy's price target has been lowered from $16 to $14 by Telsey Advisory Group, which maintains a 'Market Perform' rating on the stock.
The lowering of the price target by Telsey Advisory Group indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Macy's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100