Macy's Q4 Guide Reflects Caution & Uncertainty Around Consumer Demand, Says Analyst

Benzinga

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Macy’s Inc. (M) with a price target of $25.

The analyst said the Q3 earnings beat was driven by sales and gross margin upside relative to expectations.

To view the full article, please click on the following link:

Visit Content