Investors Show Growing Confidence in Macy’s Inc.
Macy’s Inc. is gaining investor confidence following a price target increase by TD Cowen to $25 and the purchase of over 3 million shares by Berkshire Hathaway for $55 million, representing just under a 1% stake. The company's stock has risen steadily in recent months, closing at $25.70 on Thursday.
Topics: Berkshire Hathaway Macy's Inc. retail sector TD Cowen