Published on 20 Jun 2024 on Insider Monkey · via Yahoo Finance
Goldman Sachs Just Trimmed Price Target for The Macerich Company (NYSE:MAC)
We recently compiled a list of the Wall Street Analysts Just Trimmed Price Targets for These 10 Stocks. In this article, we will examine how The Macerich Company (NYSE:MAC) compares to other stocks whose price targets have been recently reduced by analysts.
On Tuesday, US stock futures remained stable, reflecting investor optimism following a significant rally in the technology sector on Wall Street, which drove the broader market to a new all-time high. This latest surge marks the 30th record peak for the major US benchmark index this year, defying concerns about market breadth and the possibility of prolonged high US interest rates. Across the Atlantic, European equities experienced a robust rebound, reversing previous losses. Market analysts from M&G are suggesting that the current risks in France could present a strategic buying opportunity for investors, particularly those looking to capitalize on temporary market dips.