In the last three months, 8 analysts have published ratings on Macy's (NYSE:M), offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
1
6
0
0
Last 30D
0
0
1
0
0
1M Ago
1
1
3
0
0
2M Ago
0
0
2
0
0
3M Ago
0
0
0
0
0
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $20.25, along with a high estimate of $25.00 and a low estimate of $15.00. Marking an increase of 6.58%, the current average surpasses the previous average price target of $19.00.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Macy's among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Dana Telsey
Telsey Advisory Group
Maintains
Market Perform
$21.00
$21.00
Matthew Boss
JP Morgan
Raises
Overweight
$25.00
$23.00
Adam Maeder
TD Cowen
Lowers
Market Perform
$20.00
$23.00
Alexandra Walvis
Morgan Stanley
Lowers
Equal-Weight
$20.00
$21.00
Brooke Roach
Goldman Sachs
Raises
Buy
$22.00
$16.00
Dana Telsey
Telsey Advisory Group
Raises
Market Perform
$21.00
$15.00
Dana Telsey
Telsey Advisory Group
Maintains
Market Perform
$15.00
-
Paul Lejuez
Citigroup
Raises
Neutral
$18.00
$14.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to ...Full story available on Benzinga.com
Related tickers: M.
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