Macy's (M) Faces Fresh UBS Pressure, Is The Upside Already Priced In?

Fresh commentary from UBS Securities has pushed Macy's (M) back under the microscope, as concerns around pricing power, product mix, and marketing weight now collide with fresh guidance, recent buybacks, and the latest quarterly earnings. Macy's shares now trade at US$21.94, with short term share price momentum fading after a 1 month share price return that declined 6.24% and a 3 month share price return that fell 9.11%. This comes even though the 1 year total shareholder return of 29.45% and...