Macy’s, Inc. Reports Second Quarter 2018 Earnings
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Macy's (M) PT Raised to $37 at Cowen
August 16, 2018 6:45 AM EDTCowen analyst Oliver Chen raised the price target on Macy's (NYSE: M) to $37.00 (from $35.00) while maintaining a Market Perform rating.
Chen said they were encouraged by Macys aggressive efforts to upgrade convenience, curation, & culture (Cowens 3Cs) through new customer and shipping services, mobile &... More
Macy's (M) PT Raised to $35 at Jefferies; Gross Margins Not Good Enough
August 15, 2018 12:23 PM EDTJefferies analyst Randal Konik raised the price target on Macy's (NYSE: M) to $35.00 (from $30.00) while maintaining a Hold rating following results.
Konik notes gross margins not good enough given high expectations.
... MoreMacy's (M) Falls 5% Following Results
August 15, 2018 8:14 AM EDTMacy's (NYSE: M) shares fall 5.2% following results.
... MoreMacy's (M) Tops Q2 EPS by 19c, Raises FY Guidance
August 15, 2018 8:02 AM EDTMacy's (NYSE: M) reported Q2 EPS of $0.70, $0.19 better than the analyst estimate of $0.51. Revenue for the quarter came in at $5.57 billion versus the consensus estimate of $5.55 billion.
The company reported comparable sales on an owned basis that were flat in the second quarter of 2018 compared to the second quarter of... More
