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Stock impact report

Susquehanna expects Macy's to outperform [Seeking Alpha]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Seeking Alpha
Susquehanna expects Macy's to outperformMacy's (NYSE:M) break higher in premarket trading after Susquehanna upgrades the department store stock to a Positive rating."Macy's innovation is outshining the competition," writes analyst Bill Dreher. "The pent-up demand from the late arrival of weather should help Macy's beat again in FQ2:18, as we expect Macy's to out-comp the competition," he adds.Susquehanna hikes its price target on Macy's by 72% to$43 to rep 23% upside for shares.Macy's isup 2.14% premarket to $35.35. A hike in guidance from Kohl's this morning could also be adding to the positive sentiment.See all stocks on the move »Now read:Macy's After Q1: It Starts To Look Better » Show less Read more
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