Piper Sandler Maintains Underweight on Macerich, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains an Underweight rating on Macerich (NYSE:MAC) but raises the price target from $11 to $14.

September 03, 2024 | 1:49 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Underweight rating on Macerich but raises the price target from $11 to $14, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the increase in price target from $11 to $14 indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100