A Closer Look at 8 Analyst Recommendations For Macy's
Portfolio Pulse from Benzinga Insights
Macy's (NYSE:M) has been analyzed by 8 analysts in the last three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $21.38, reflecting a 6.26% increase from the previous average. Analysts have varied in their actions, with some raising and others lowering their price targets.
May 22, 2024 | 12:01 pm
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Macy's has received mixed analyst ratings over the past three months, with an average 12-month price target of $21.38, reflecting a 6.26% increase from the previous average. Analysts have varied in their actions, with some raising and others lowering their price targets.
The mixed analyst ratings and the increase in the average price target suggest a cautiously optimistic outlook for Macy's. The diversity in ratings indicates varying levels of confidence among analysts, but the overall upward trend in price targets is a positive sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100