Analysts Offer Insights on Consumer Cyclical Companies: Macy’s (M) and Nike (NKE)
Analysts fell to the sidelines weighing in on Macy’s (M) and Nike (NKE) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Macy’s (M)
In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Macy’s, with a price target of $20.00. The company’s shares closed last Tuesday at $18.09.
According to TipRanks.com, Telsey is a 1-star analyst with an average return of
Macy’s has an analyst consensus of Hold, with a price target consensus of $18.57, which is a 4.1% upside from current levels. In a report issued on March 27, TipRanks – DeepSeek also downgraded the stock to Hold with a $20.00 price target.
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Nike (NKE)
In a report released today, Joe Feldman from Telsey Advisory maintained a Hold rating on Nike, with a price target of $55.00. The company’s shares closed last Tuesday at $52.82.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nike with a $64.85 average price target, which is a 24.9% upside from current levels. In a report released today, J.P. Morgan also downgraded the stock to Hold with a $52.00 price target.
Read More on M:
Disclaimer & DisclosureReport an Issue
- Balanced on Bloomingdale’s Momentum: Early Wins but Limited Near-Term Visibility Justify Maintaining a Hold on Macy’s
- Macy’s likely to keep losing market share, says UBS
- Macy’s Impairment Charges Highlight Vulnerable Asset Base and Rising Earnings Risk
- Macy’s Earnings Call: Growth Momentum Amid Margin Strain
- Macy’s Announces Board Departures and Size Reduction
