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Cowen Largely Positive on Macy's (M) CEO Succession Plans; Affirms at 'Market Perform'
June 23, 2016 2:20 PM EDTCowen and Company affirms its Market Perform rating on Macy's (NYSE: M) amid the company's announcement of a CEO transition earlier Thursday.
Analyst Oliver Chen commented today, President Jeff Gennette to start as CEO 1Q17, replacing Terry Lundgren who will remain as Chairman. Mr. Gennette is a 33-yr veteran of Macy's: experience in both... More
Stifel Positive on Macy's (M) CEO Transition; Affirms at 'Hold'
June 23, 2016 10:56 AM EDTStifel affirms Macy's (NYSE: M) at Hold following news that CEO Terry Lundgren will step down in early 2017.
Analyst Richard Jaffe commented today, We anticipate the transition to be seamless as Gennette and... More
