Telsey Advisory Group Maintains Market Perform on Macy's, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained its Market Perform rating on Macy's, with a price target of $21.
August 21, 2024 | 1:21 pm
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Telsey Advisory Group has reiterated its Market Perform rating for Macy's, keeping the price target at $21. This suggests a neutral outlook on the stock's performance.
The reaffirmation of a Market Perform rating and a stable price target of $21 indicates that the analyst expects Macy's stock to perform in line with the market. This suggests no significant short-term price movement is anticipated based on this report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100