Macy’s, Inc. (NYSE:M) is one of the most undervalued retail stocks to invest in now. On March 19, Telsey Advisory cut the price target on Macy’s, Inc. (NYSE:M) to $20 from $25 while reaffirming a Market Perform rating on the shares and telling investors that the company ended 2025 on a strong note. Its fiscal Q4 results were ahead of guidance and consensus, and the firm expects factors such as strong merchandising, marketing, and execution to deliver meaningful momentum into 2026.

Macy’s, Inc. (NYSE:M) also received a rating update from JPMorgan on March 18. The firm cut the price target on the stock to $21 from $24 and maintained a Neutral rating on the shares. The rating update came after the company’s fiscal Q4 earnings report and the firm’s follow-up call with the CFO. Management stated that winter storms in late January did affect the quarterly results, which compared to the strength observed during the holiday period. JPMorgan further stated that looking over the balance of the year, its math “points to upside opportunity” in Q2-Q4 for same-store sales growth of low single digits.

Macy’s Inc. (NYSE:M) is an omnichannel retail store that manages three brands: Macy’s, Bloomingdale’s, and Bluemercury. These brands sell a variety of merchandise, including accessories, apparel, consumer goods, home furnishings, and more. The company operates stores in 43 US states, the District of Columbia, Guam, and Puerto Rico.

While we acknowledge the potential of M as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.