TD Cowen Lifts PT on Macy’s (M) to $13 From $11, Keeps a Hold Rating

From Yahoo Finance.: 2025-06-17 11:22:00

Macy’s, Inc. stock was raised to $13 from $11 by TD Cowen following fiscal Q1 2025 results of $4.6 billion in net sales, surpassing guidance. Comparable sales dropped 2.0%, but performance across all nameplates exceeded expectations. Guidance was lowered due to lower margins, maintaining a Hold rating.

Macy’s, Inc. operates three brands offering a variety of merchandise. While it presents investment potential, AI stocks may offer greater upside with less risk. For an undervalued AI stock benefitting from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

Macy’s, Inc. is listed as one of the 13 most undervalued retail stocks to buy now. The company reported strong Q1 results, but lower margins led to a guidance downgrade, maintaining a Hold rating. The stock price target was raised to $13 from $11.

Read more: TD Cowen Lifts PT on Macy’s (M) to $13 From $11, Keeps a Hold Rating