Evercore ISI Group Initiates Coverage On Macy's with In-Line Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has initiated coverage on Macy's with an In-Line rating and a price target of $13.
November 07, 2023 | 10:27 am
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Evercore ISI Group has initiated coverage on Macy's with an In-Line rating and a price target of $13.
The news is directly about Macy's and its stock. The In-Line rating suggests that the analyst believes the stock will perform approximately as well as other stocks in its sector. The price target of $13 provides a benchmark for investors. This could potentially influence the stock's performance in the short term, but the impact is not necessarily positive or negative.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100