Market Overview

Deutsche Bank Reiterates Buy Rating on Macy's on Coupon Specials

Share:
Related M
Top 4 Stocks In The Department Stores Industry With The Highest Dividend Yield
Stocks Hitting 52-Week Highs
Department Stores - A Right Place For Defensive Investors (Seeking Alpha)

In a report published Monday, Deutsche Bank reiterated its Buy rating on Macy's (NYSE: M).

Deutsche Bank noted, “Macy's highlighted 3 day specials this past weekend with 25%-50% off storewide value and regular priced items with an extra 15% off using the Wow! Pass on sale and clearance apparel. In addition, all furniture was on sale with final closeouts on mattress sets. Last year, M ran a 20% off VIP sale event with the Wow! Pass offered a week later making the periods un-comparable.”

Macy's closed on Friday at $41.67.

Latest Ratings for M

DateFirmActionFromTo
Apr 2015Buckingham ResearchUpgradesNeutralBuy
Feb 2015BarclaysInitiates Coverage onUnderweight
Feb 2015JP MorganMaintainsOverweight

View More Analyst Ratings for M
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Reiteration Analyst Ratings

 

Related Articles (M)

Around the Web, We're Loving...