Macy's Gets an Upgrade

Filed under: Analyst Upgrades and Downgrades, Wal-Mart (WMT), Target Corp. (TGT), Gap Inc (GPS), Kohl's Corp (KSS)

According to this item, Macy's, Inc. (M), a retailer whose colleagues include The Gap Inc. (GPS) and Kohl's Corporation (KSS), received a gift today from Morgan Stanley in the form of an upgrade. The shares have been moved up to the overweight designation. Looks like good things may be in store for the chain.



I recently discussed Macy's Q1 earnings. Now, if you check that piece out, you'll see that I'm not a fan of buying the company to hold for years. If I wanted to do that, I would go with something like Wal-Mart Stores, Inc. (WMT), maybe Target Corporation (TGT).

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Macy's Gets an Upgrade originally appeared on BloggingStocks on Tue, 01 Jun 2010 17:30:00 EST. Please see our terms for use of feeds.

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Kohl - Target Corporation - Gap - Wal-Mart - Macy

Full story at http://www.pheedcontent.com/click.phdo?i=da131efdc3a9909a2c293ee6a11ebf92