Mizuho Maintains Underperform on Macerich, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste maintains an Underperform rating on Macerich (NYSE:MAC) and lowers the price target from $17 to $14.
May 01, 2024 | 2:27 pm
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Mizuho has maintained its Underperform rating on Macerich and reduced the price target from $17 to $14.
The reduction in price target by Mizuho reflects a negative outlook on Macerich's stock, likely due to concerns over the company's performance or market conditions. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100