Telsey Advisory Group Maintains Market Perform on Macy's, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Macy's but lowered the price target from $21 to $17.
August 22, 2024 | 12:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Telsey Advisory Group has maintained a Market Perform rating on Macy's but lowered the price target from $21 to $17, indicating a less optimistic outlook.
The lowering of the price target from $21 to $17 by Telsey Advisory Group suggests a less optimistic view on Macy's future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100