Telsey Advisory Group Maintains Market Perform on Macy's, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on Macy's (NYSE:M) and increased the price target from $14 to $15.
November 17, 2023 | 10:15 am
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POSITIVE IMPACT
Macy's maintains its 'Market Perform' rating by Telsey Advisory Group, with an increased price target from $14 to $15.
The increase in price target by Telsey Advisory Group suggests a positive outlook on Macy's financial performance and potential stock price appreciation. This could lead to increased investor confidence and a short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100