February 05, 2013 at 08:16 AM EST
UPDATE: Citigroup Upgrades Macy's to Buy on 2013 Growth Catalysts
Citigroup upgraded Macy's (NYSE: M ) from Neutral to Buy and raised the price target from $38.00 to $46.00. Citigroup said, "We are upgrading Macy's to Buy from Neutral as we believe the company is positioned for accelerating comp growth in 2013. Macy's should be the beneficiary of a
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