Evercore ISI Group Maintains In-Line on Macerich, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Samir Khanal maintains an In-Line rating on Macerich (NYSE:MAC) and raises the price target from $15 to $16.
August 28, 2024 | 5:02 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained its In-Line rating for Macerich and increased the price target from $15 to $16, indicating a slightly positive outlook.
The increase in price target from $15 to $16 by Evercore ISI Group suggests a slightly positive outlook for Macerich. Maintaining the In-Line rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100