Macy's stock falls more than 7% after Citi downgrade amid

Dec 12, 2023 · Macy's Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private …

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Macy's Stock Falls More Than 7% After Citi Downgrade Amid

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Dec 12, 2023 · Macy's Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private …

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Macy's Stock Drops As Citi Cuts To Sell, Skeptical If Takeover Will ...

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Dec 12, 2023 · Michael M. Santiago. Macy's (NYSE:M) fell 3% in premarket trading amid a downgrade to sell from Citi, as the analyst is skeptical that a reported $21 takeover offer will …

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi …

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Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth; Stormy Daniels on Michael Avenatti: ‘I never liked him and I never trusted him’ First …

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Why Macy's (M) Shares Are Trading Lower Today - Yahoo Finance

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Dec 12, 2023 · Shares of department store chain Macy’s (NYSE:M) fell 5.1% in the morning session after Citi analyst Paul Lejuez downgraded the stock's rating from Neutral to Sell and …

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The Ratings Game: Macy’s Stock Falls More Than 3% - One News …

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Macy’s Inc. shares fell 3.6% Tuesday after Citi downgraded the stock to sell from neutral amid a report.. • World • One News Page: Tuesday, 12 December 2023

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Macy’s Stock Falls More Than 3% After Citi Downgrade Amid Buyout …

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Dec 12, 2023 · Macy’s Inc. shares fell 3.6% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the

overviewforex.com

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The Ratings Game: Macy’s Stock Falls More Than 7% After Citi …

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Citi is skeptical about the possibility of a Macy’s buyout. Enter your email address, and we’ll send you a link to reset your password.

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi …

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Dec 12, 2023 · The Ratings Game: Macy’s stock falls more than 3% after Citi downgrade amid buyout report. Citi is skeptical about the possibility of a Macy’s buyout. ... Finance. Bull market …

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Macy’s Hold Rating Maintained Amid Economic Caution And …

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Aug 12, 2024 · Analyst Paul Lejuez of Citi maintained a Hold rating on Macy’s (M – Research Report), reducing the price target to $17.00.. Paul Lejuez has given his Hold rating due to a …

businessinsider.com

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Macy’s Strategic Challenges And Balanced Risks Lead To Hold Rating

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Dec 12, 2024 · Analyst Paul Lejuez from Citi maintained a Hold rating on Macy’s (M – Research Report) and keeping the price target at $16.00. Pick the best stocks and maximize your portfolio:

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Macy’s Upgraded But Nordstrom Downgraded, As Department …

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Macy’s M shares have run up more than 71% over the past year, far outpacing the benchmark S&P 500 index SPX, which is up 11.7%. The ProShares Decline of the Retail Store ETF …

marketwatch.com

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Citi Reaffirms Their Hold Rating On Macy’s (M) - Markets Insider

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2 days ago · Citi analyst Paul Lejuez maintained a Hold rating on Macy’s (M – Research Report) yesterday and set a price target of $16.00. The company’s shares closed yesterday at $14.02. …

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Macy's (M) Falls More Steeply Than Broader Market: What

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Nov 12, 2024 · Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared …

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi …

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Dec 19, 2023 · The Ratings Game: Macy’s stock falls more than 3% after Citi downgrade am…

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi

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5.5K subscribers in the StonkFeed community. Stock Market News Feed for Idea Generation Best viewed on PC with Reddit Enhancement Suite Use an Auto…

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Beyond The Numbers: 8 Analysts Discuss Macy's Stock

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3 days ago · In the assessment of 12-month price targets, analysts unveil insights for Macy's, presenting an average target of $16.62, a high estimate of $20.00, and a low estimate of $9.00.

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FAQs about Macy's stock falls more than 7% after Citi downgrade amid Coupon?

Why did Macy's stock fall 73% Tuesday?

Macy’s Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private at $21 a share. The stock pulled back after ending Monday’s session up 19.4% following the buyout report. ...

Why did Macy's stock fall after Citi downgrade?

Macy's stock falls after Citi downgrades to sell due to skepticism over the success of a reported takeover offer and financing difficulties. ...

Why did Macy's fall 3% in premarket trading?

Macy's ( NYSE: M) fell 3% in premarket trading amid a downgrade to sell from Citi, as the analyst is skeptical that a reported $21 takeover offer will be successful. ...

Why did Macy's stock fall 51% in the morning session?

Shares of department store chain Macy’s (NYSE:M) fell 5.1% in the morning session after Citi analyst Paul Lejuez downgraded the stock's rating from Neutral to Sell and assigned a price target of $14. The price target implied a potential 30% downside from where shares traded when the downgrade was announced. ...

Should you buy Macy's stock?

Therefore, Paul Lejuez views the current market conditions and Macy’s strategic initiatives as not compelling enough to warrant a Buy rating, leading to the Hold recommendation. In another report released today, Morgan Stanley also maintained a Hold rating on the stock with a $16.00 price target. ...

Why was Macy's stock down 12% today?

Shares of Macy's (NYSE: M) were pulling back today after the department-store operator issued a weak sales result in its second quarter, even though profits were strong. As a result, the stock was down 12% as of 11:24 a.m. ET. The retailer reported a revenue decline of 3.8% to $4.9 billion, which was well below estimates at $5.12 billion. ...