Information Provided By:
Fly News Breaks for August 16, 2018
M
Aug 16, 2018 | 08:15 EDT
RBC Capital analyst Brian Tunick kept his Sector Perform rating and $39 price target on Macy's after its Q2 results, saying the earnings were "solid" and the outlook for the rest of FY18 was encouraging. The analyst believes that the selloff after the results was a "function of profit taking", with the stock having risen about 70% year-to-date, along with a more challenging comparisons in the second half of the year. Tunick states that he expects Macy's business momentum and initiatives to allow it to achieve its FY18 guidance.
News For M From the Last 2 Days
There are no results for your query M
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.