How The Macerich (MAC) Story Is Shifting As Analysts Rework Targets And Ratings
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St’s investing ideas for FREE. Price targets on Macerich cluster around US$17 to US$21, with one upgrade pointing to US$25, while the internal fair value estimate in this update holds steady at US$21.63. These shifts mirror a split analyst view, where some highlight progress on the Path Forward Plan and potential benefits from asset sales and deleveraging, while others keep cautious or negative ratings despite lifting targets. As you read on, you will see how these competing calls fit together and what to watch as the story develops. Stay updated as the Fair Value for Macerich shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Macerich. What Wall Street Has Been Saying đ Bullish Takeaways KeyBanc moved Macerich to Overweight from Sector Weight with a US$25 target, citing progress on the multi year Path Forward Plan, including asset sales and deleveraging, as reasons to be more constructive on the stock. Scotiabank upgraded Macerich to Outperform and pointed to what it calls meaningful catalysts. This supports the idea that execution on current initiatives could matter more for some analysts than near term noise. Citi lifted its target to US$21 from US$19 while keeping a Neutral rating. This still signals that the firm sees valuation room up to that level even without a bullish stance on the stock. đ» Bearish Takeaways Goldman Sachs increased its target to US$17 from US$15 but maintained a Sell rating. This reinforces that some analysts remain unconvinced that current efforts fully address balance sheet and growth risks. JPMorgan raised its target to US$19 from US$18 and kept an Underweight rating, suggesting that in its view the stock already prices in a fair amount of the current outlook despite recent plan execution. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there’s more to the story. Head to the Simply Wall St Community to discover more perspectives! We’ve flagged 2 risks for Macerich. See which could impact your investment. What’s in the News