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Fly News Breaks for August 25, 2015
M
Aug 25, 2015 | 07:46 EDT
As noted earlier, Deutsche Bank upgraded Macy's to Hold from Sell. The firm upgraded the stock on valuation, but warned that the company continues to face "significant operational challenges," as well as "a tough battle" to regain its share of consumer spending. It says that the stock's risk/reward is "balanced at current levels." Target remains $61.
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