Macy's: Successful Turnaround And Solid Macro Support Further Upside (NYSE:M)

· seekingalpha.com

Macy’s (M) turnaround: raised EPS guidance, store revamps and luxury growth support a $26–27 fair value (13% upside) plus buybacks/dividend—read now.

Shares of Macy’s ( M ) have been an excellent performer over the past year, basically doubling in value. Last year, retailers were slammed by fears around tar...


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