Macy's upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded Macy's to Outperform saying the company's Q4 results indicate it’s the "clear leader” in the mid-tier department store sector. Wells sees an attractive valuation and strong fundamentals and raised its price target range for shares to $66-$70 from $54-$58. Macy's closed yesterday up 7c to $58.12.
News For M From The Last 14 Days
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