This Macerich Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Evercore ISI Group analyst Michael Griffin upgraded Macerich Co (NYSE: MAC) from In-Line to Outperform, maintaining a price target of $26, while the stock closed at $22.63 on Friday. This upgrade is part of a broader trend, as several analysts have made positive adjustments to their ratings for various companies, including Invitation Homes Inc and Ciena Corp. Notably, Ciena's price target was raised significantly from $375 to $550.