J.P. Morgan Keeps Their Hold Rating on Macerich (MAC)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Michael Mueller maintained a Hold rating on Macerich (MAC) with a $26 price target, following the stock's close at $25.46. This aligns with a recent Hold from Compass Point, contrasting with Truist Financial's Buy rating from June 24.
In a report released yesterday, Michael Mueller from J.P. Morgan maintained a Hold rating on Macerich, with a price target of $26.00. The company’s shares closed yesterday at $25.46.
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According to TipRanks, Mueller is an analyst with an average return of -1.2% and a 48.86% success rate. Mueller covers the Real Estate sector, focusing on stocks such as Macerich, Rexford Industrial Realty, and Simon Property.
In addition to J.P. Morgan, Macerich also received a Hold from Compass Point’s Kenneth Billingsley in a report issued on June 26. However, on June 24, Truist Financial maintained a Buy rating on Macerich (NYSE: MAC).