Macy's downgraded by TD Cowen with a new price target
$M
Department/Specialty Retail Stores
Consumer Discretionary
TD Cowen downgraded Macy's from Outperform to Market Perform and set a new price target of $20.00 from $23.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/22/2024 | $21.00 → $17.00 | Market Perform | Telsey Advisory Group |
| 2/29/2024 | $23.00 → $20.00 | Outperform → Market Perform | TD Cowen |
| 2/28/2024 | $15.00 → $21.00 | Market Perform | Telsey Advisory Group |
| 2/2/2024 | $14.00 → $18.00 | Sell → Neutral | Citigroup |
| 12/12/2023 | $14.00 | Neutral → Sell | Citigroup |
| 11/7/2023 | $13.00 | In-line | Evercore ISI |
| 9/27/2023 | $13.00 | Buy → Hold | Gordon Haskett |
| 8/23/2023 | $16.00 → $14.00 | Market Perform | Telsey Advisory Group |
Macy's, Inc. (NYSE:M) will report its third quarter 2024 sales and earnings results on Tuesday, November 26, 2024. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. EST. The call will be hosted by Macy's, Inc.'s Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell. The general public and the media will be able to access the live webcast and associated presentation via the company's website at www.macysinc.com. To participate in the call, analysts and investors may call 1-877-407-0832. A replay of the conference call will be available on the company's website or by calling 1-877-66
The board of directors of Macy's, Inc. (NYSE:M) today declared a regular quarterly dividend of 17.37 cents per share on Macy's, Inc.'s common stock, payable on January 2, 2025, to shareholders of record at the close of business on December 13, 2024. About Macy's, Inc. Macy's, Inc. (NYSE:M) is a trusted source for quality brands through our iconic nameplates – Macy's, Bloomingdale's and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241025786070/en
Macy's, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the "Tender Offer") by its wholly owned subsidiary, Macy's Retail Holdings, LLC (the "Company"), for each series of notes listed in the table below (collectively, the "Notes") for a combined aggregate purchase price of up to $220 million (excluding accrued and unpaid interest, which also will be paid to, but excluding, the applicable Settlement Date and excluding fees and expenses related to the Tender Offer) (the "Maximum Tender Offer Amount"), in the order of priority shown in the table. The terms and conditions of the Tender Offer are described in an Offer to Purchase dated Sept
Telsey Advisory Group reiterated coverage of Macy's with a rating of Market Perform and set a new price target of $17.00 from $21.00 previously
TD Cowen downgraded Macy's from Outperform to Market Perform and set a new price target of $20.00 from $23.00 previously
Telsey Advisory Group reiterated coverage of Macy's with a rating of Market Perform and set a new price target of $21.00 from $15.00 previously
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
4 - Macy's, Inc. (0000794367) (Issuer)
The newest Carousel @ Bloomingdale's offers shoppers a sentimental one-stop-shop for summer must-haves NEW YORK, April 11, 2024 /PRNewswire/ -- Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
Arkhouse Management Co. LP (together with its affiliates, "Arkhouse", "we" or "us"), which owns a significant stake in Macy's, Inc. ("Macy's" or the "Company") (NYSE:M), today issued the following statement regarding its settlement with the Company, including the appointment of its director nominees Richard (Ric) Clark and Richard (Rick) L. Markee to the Board of Directors (the "Board") of the Company and the Board's Finance Committee. The following is attributable to Gavriel Kahane and Jonathon Blackwell, Arkhouse Managing Partners. "Ric Clark and Rick Markee bring tremendous dealmaking experience to Macy's Board and will be instrumental in maximizing value for shareholders. As a result
Arkhouse Terminates Proxy Contest as Two of its Nominees Added to Board and Finance Committee Company Implements Previously Announced Board Changes as Tony Spring Assumes Chairman Role and Douglas W. Sesler Joins Board Company Continues Engagement with Arkhouse and Brigade Regarding their Proposal Macy's, Inc. (NYSE:M) today announced the appointment of two new independent directors, Richard (Ric) Clark and Richard (Rick) L. Markee, to its Board of Directors (the "Board"), effective immediately. The appointments of Clark and Markee follow the Board's engagement with Arkhouse Management Co. LP ("Arkhouse"), resulting in the withdrawal of its director nominations. The Company is also
8-K - Macy's, Inc. (0000794367) (Filer)
8-K - Macy's, Inc. (0000794367) (Filer)
8-K - Macy's, Inc. (0000794367) (Filer)
Macy's, Inc. (NYSE:M) will report its third quarter 2024 sales and earnings results on Tuesday, November 26, 2024. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. EST. The call will be hosted by Macy's, Inc.'s Chairman and Chief Executive Officer Tony Spring and Chief Operating Officer and Chief Financial Officer Adrian Mitchell. The general public and the media will be able to access the live webcast and associated presentation via the company's website at www.macysinc.com. To participate in the call, analysts and investors may call 1-877-407-0832. A replay of the conference call will be available on the company's website or by calling 1-877-66
Bloomingdale's announces a holiday partnership with Universal Pictures' new cinematic event, Wicked; with immersive activations, exclusive products including an AQUA collaboration, and their annual 59th Street window unveiling. NEW YORK, Oct. 29, 2024 /PRNewswire/ -- Bloomingdale's announces its Wicked Good Holiday campaign in partnership with Universal Pictures' spectacular new cinematic event, Wicked, the untold story of the witches of Oz. This collaboration will bring the magic of the holidays to life with a Wicked Good Holiday pop-up. Shoppers can expect an exclusive AQUA collection, an array of products for gifting, immersive in-store experiences, a takeover of the iconic "brown bag",
The board of directors of Macy's, Inc. (NYSE:M) today declared a regular quarterly dividend of 17.37 cents per share on Macy's, Inc.'s common stock, payable on January 2, 2025, to shareholders of record at the close of business on December 13, 2024. About Macy's, Inc. Macy's, Inc. (NYSE:M) is a trusted source for quality brands through our iconic nameplates – Macy's, Bloomingdale's and Bluemercury. Headquartered in New York City, our comprehensive digital and nationwide footprint empowers us to deliver a seamless shopping experience for our customers. For more information, visit macysinc.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241025786070/en
SC 13G - Macy's, Inc. (0000794367) (Subject)
SC 13G/A - Macy's, Inc. (0000794367) (Subject)
SC 13G/A - Macy's, Inc. (0000794367) (Subject)
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Macy's (NYSE:M) in the last three months. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 3 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $21.4, a high estimate of $27.00, and a low estimate of $17.00. A negative shift in sentiment is evident as analysts have decreased
Evercore ISI Group analyst Michael Binetti maintains Macy's (NYSE:M) with a In-Line and lowers the price target from $22 to $17.
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener