The Analyst Verdict: Macy's In The Eyes Of 5 Experts
Portfolio Pulse from Benzinga Insights
Analyst ratings for Macy's (NYSE:M) over the last quarter show varied opinions, with recent updates indicating a mix of neutral to bullish stances. The average 12-month price target for Macy's has been raised to $15.8, reflecting a 7.7% increase from the previous target. Financial indicators suggest Macy's faces challenges in market capitalization, revenue growth, net margin, ROE, and ROA, but has a relatively healthy debt-to-equity ratio. The company operates a significant retail and e-commerce presence, with a focus on women's apparel and beauty products.
February 02, 2024 | 12:00 pm
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Macy's has received mixed analyst ratings, with a recent uptick in its average 12-month price target to $15.8. Financial challenges persist, but debt management is a positive sign.
The increase in Macy's average price target suggests a positive outlook from analysts, despite the company's financial challenges. The mixed ratings indicate uncertainty, but the overall positive adjustment in price targets could lead to short-term investor optimism. The company's effective debt management, despite other financial challenges, may also contribute positively to investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100