Macy's Inc.: Downgrade To Hold As The Outlook Has Gotten Murkier

Group 1 - The analyst previously gave a buy rating to Macy's Inc. (M) in December, anticipating an upward inflection in growth and share price [1] - The current outlook for Macy's Inc. has become more pessimistic, indicating potential challenges ahead [1] Group 2 - The investment approach focuses on identifying undervalued companies with long-term growth potential, emphasizing value investing principles [1] - The strategy involves purchasing quality companies at a discount to their intrinsic value and holding them for long-term earnings and shareholder returns [1]