Citi adds ‘upside 30-day catalyst watch’ on Macy’s into earnings

Citi added an “upside 30-day catalyst watch” on Macy’s (M) while keeping a Neutral rating on the shares with a $24 price target The firm sees the company reporting Q4 earnings above consensus on March 5. The stock’s risk/reward is positive into the earnings print, the analyst tells investors in a research note.