Deutsche Bank Downgrades Macerich To Hold

Analysts at Deutsche Bank downgraded Macerich Company (The)

from Buy to Hold. The price target for Macerich is set to $78. Macerich shares have surged 40.36% over the past 52 weeks, while the S&P 500 index has gained 14.12% in the same period. Macerich's shares rose 1.02% to close at $82.11 yesterday.