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

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

Views 32K Contents 11

Moomoo AI joined discussion · Dec 12, 2023 08:02

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

Translate

Report

14K Views

Comment

Moomoo AI

Moomoo AI Official Account

Your AI assistant for discovering investment opportunities.

3440Followers

0Following

8253Visitors