JP Morgan Upgrades Macy's On Earnings Upside Potential (M) - Zibb... - Congoo

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JP Morgan Upgrades Macy's on Earnings Upside Potential (M) - Zibb...

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Zibb | November 07, 2009

Company: Macy's Inc (M) 11/7/2009-Friday, JP Morgan upgraded shares of Macy's (NYSE:M) to Overweight from Neutral, citing significant earnings-per-share upside, especially in the fourth quarter. JP Morgan said, "With sales momentum clearly on its side ahead of the all-important holiday season, we're...

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