Morgan Stanley reiterates Macy's as equal weight Morgan Stanley raised its price target on the stock to $21 per share from $15. "Our REITs team's in-depth scenario analysis calculates M's real estate is worth $6-7B in a base case, & points to a ~$23 pro forma stock price, albeit with a wide $11-35 bear/bull range." Loop reiterates Snap as buy Loop raised its price target to $21 per share from $15 and said Snap is a generative AI "winner." "We are more confident in the turnaround in Snap's advertising business and increasingly view the company as a gen-AI winner."