Macy’s price target raised to $17 from $14 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on Macy’s (M) to $17 from $14 and keeps a Market Perform rating on the shares. The company reported a “solid’ Q2 EPS beat, but near-term visibility for sales and profitability growth remains limited due to macro pressures, tariff headwinds, and a competitive landscape, the analyst tells investors.