Macerich (MAC) Price Target Cut by Scotiabank Amid Retail Challenges | MAC Stock News

2 days ago

Scotiabank analyst Greg McGinnis has reduced the price target for Macerich (MAC, Financial), a retail-focused Real Estate Investment Trust, to $16 from the previous $21. Despite the price target adjustment, the analyst maintains a Sector Perform rating for the company.

This revision is part of a broader update on U.S. Retail REITs by Scotiabank, which is evaluating various factors including the impact of tariffs, trends in consumer foot traffic, and the financial stability of tenants at risk of bankruptcy. These considerations are crucial as the retail sector continues to navigate economic pressures and shifting market dynamics.

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