Wall Street's Outlook on Macy's Inc. (M)

Reported 2 days ago

Macy's Inc. (NYSE:M) is considered one of the most undervalued retail stocks, with analysts providing varying price targets. Morgan Stanley recently increased its target to $16, while Evercore ISI maintained a Hold rating at $14. Telsey Advisory raised its target to $17, reflecting a favorable outlook on Macy's, which operates multiple brands across the U.S. and other territories. Despite the potential, some analysts suggest that certain AI stocks could offer greater returns.

Source: YAHOO

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