Macerich price target lowered to $19 from $23 at Truist
Truist analyst Ki Bin Kim lowered the firm’s price target on Macerich (MAC) to $19 from $23 and keeps a Hold rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect recent events and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on MAC: Disclaimer & DisclosureReport an Issue