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Crestline Management LP Invests $32.19 Million in Macy's, Inc. (NYSE:M)

Crestline Management LP bought a new position in shares of Macy’s, Inc. (NYSE:M – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,600,000 shares of the company’s stock, valued at approximately $32,192,000. Macy’s accounts for 2.7% of Crestline Management LP’s investment […] ....

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Macy's, Inc. (NYSE:M) Receives Consensus Rating of "Hold" from Analysts

Shares of Macy’s, Inc. (NYSE:M – Get Free Report) have been assigned an average rating of “Hold” from the nine brokerages that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the […] ....

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Macy's (NYSE:M) Given New $27.00 Price Target at JPMorgan Chase & Co.

Macy’s (NYSE:M – Free Report) had its target price raised by JPMorgan Chase & Co. from $25.00 to $27.00 in a report released on Wednesday morning, Benzinga reports. They currently have an overweight rating on the stock. Other research analysts have also recently issued research reports about the stock. Telsey Advisory Group reiterated a market […] ....

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Macy's (NYSE:M) Releases FY 2024 Earnings Guidance

Macy’s (NYSE:M – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.550-2.900 for the period, compared to the consensus estimate of 2.620. The company issued revenue guidance of $22.3 billion-$22.9 billion, compared to the consensus revenue estimate of $22.8 […] ....

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