Evercore ISI upgrades Macy's to outperform and sees stock jumping more than 90%

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Jesse Pound@/in/jesse-pound@jesserpound
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Macy's flagship store in Herald Square in New York, Dec. 23, 2021.
Scott Mlyn | CNBC

Legacy retailer Macy's has several opportunities for revenue growth that could make its stock soar, according to investment firm Evercore ISI.