UBS raised the firm’s price target on Macy’s (M) to $6.50 from $6 and keeps a Sell rating on the shares. Macy’s will likely continue to lose market share due to sizeable challenges vs. peers around price, product, and service, the analyst tells investors in a research note. UBS expects earnings to remain pressured over the next few years.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on M:
- Macy’s price target raised to $16 from $12 at Citi
- Macy’s price target raised to $15 from $12 at Barclays
- Macy’s Exceeds Q2 2025 Earnings Expectations
- Macy’s Sell Rating: Modest EPS Guidance Increase Amidst Revenue Decline and Competitive Pressures
- Macy’s Financial Outlook: Strong Q2 Performance Amid Mixed Signals and Cautious Guidance