9 Analysts Have This to Say About Macy's
Portfolio Pulse from Benzinga Insights
In the last quarter, Macy's (NYSE:M) received one bullish, six indifferent, and two bearish ratings from nine analysts. The average price target is $14.0, representing an upside from the current price of $10.93. This average is a 17.65% decrease from the previous average price target of $17.00.
September 27, 2023 | 3:00 pm
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NEUTRAL IMPACT
Macy's received mixed analyst ratings in the last quarter, with an average price target of $14.0, indicating potential upside.
The mixed analyst ratings indicate uncertainty about Macy's future performance. While the average price target suggests potential upside, it's a decrease from the previous target, which could negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100