Macy's Performance: Macy's shares fell after the company provided cautious guidance for the holiday quarter, emphasizing the need to consider a more cautious consumer outlook despite a strong start to the quarter.
Retail Rankings: According to the National Retail Federation, Walmart leads U.S. retail sales for 2024, followed by Amazon, while Macy's ranks 24th among the top retailers.
Seeking Alpha Ratings: Seeking Alpha's Quant Rating system ranks Albertsons and Kroger as top stocks with Buy ratings, while Amazon, CVS, and Walmart hold Hold ratings, indicating mixed investor sentiment.
Quant Rating System: The Seeking Alpha Quant system evaluates stocks based on key metrics like valuation and growth, with ratings above 3.5 considered bullish and below 2.5 viewed as bearish.
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast XRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XRT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 90.390
Low
Averages
High
Current: 90.390
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
