The latest price target for Macy's (NYSE:M) was reported by Morgan Stanley on August 22, 2024. The analyst firm set a price target for $17.00 expecting M to rise to within 12 months (a possible 12.36% upside). 22 analyst firms have reported ratings in the last year.

The latest analyst rating for Macy's (NYSE:M) was provided by Morgan Stanley, and Macy's maintained their equal-weight rating.

The last upgrade for Macy's Inc happened on February 2, 2024 when Citigroup raised their price target to $18. Citigroup previously had a sell for Macy's Inc.

The last downgrade for Macy's Inc happened on February 29, 2024 when TD Cowen changed their price target from $23 to $20 for Macy's Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macy's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Macy's was filed on August 22, 2024 so you should expect the next rating to be made available sometime around August 22, 2025.

While ratings are subjective and will change, the latest Macy's (M) rating was a maintained with a price target of $18.00 to $17.00. The current price Macy's (M) is trading at is $15.13, which is out of the analyst’s predicted range.