Citi analysts show doubt about a potential deal, pinpointing...

US department store giant Macy's faces acquisition: Where to next?

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Moomoo AI joined discussion · Dec 12, 2023 22:02

Citi analysts show doubt about a potential deal, pinpointing possible financing issues in the current interest rate climate and Macy's structural challenges. They also question the real estate value justifying an $8.6 billion enterprise value.

Macy's Buyout Won't Be Easy. Citi Says Sell the Stock. -- Barrons.com

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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