
Macy's, Inc. (NYSE:M) Given Consensus Recommendation of "Reduce" by Analysts

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Macy's, Inc. (NYSE:M) has received a consensus recommendation of "Reduce" from fifteen research firms. Two analysts rated the stock as a sell, twelve as hold, and one as buy, with an average 12-month price target of $20.50. Recent analyst ratings include a downgrade from Zacks and price target increases from Evercore and Citigroup. Insiders own 1.09% of the stock, and institutional investors hold 87.36%. Macy's reported a quarterly EPS of $0.09, exceeding estimates, with revenue of $4.91 billion, down 0.6% year-over-year. The company has set FY 2025 guidance at 2.000-2.20 EPS.
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