UBS Maintains Sell on Macy's, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Jay Sole has maintained a 'Sell' rating on Macy's (NYSE:M) and lowered the price target from $12 to $10.
August 23, 2023 | 12:22 pm
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NEGATIVE IMPACT
UBS analyst Jay Sole has maintained a 'Sell' rating on Macy's and lowered the price target from $12 to $10.
The 'Sell' rating maintained by UBS analyst Jay Sole and the lowering of the price target from $12 to $10 indicates a negative outlook for Macy's. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100