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High materiality7/10

Evercore ISI Upgrades MAC to Outperform with $26 Target, Implied Upside

Sep 21, 2026, 8:35 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The MAC upgrade from a credible shop (Evercore ISI) to Outperform with a $26 target implies ~15%+ upside from current levels and could trigger a re-rating if price momentum follows the rating catalyst.

AI summary

What happened, with direct paths to the underlying reporting

Evercore ISI upgrades Macerich (MAC) from In-Line to Outperform with a $26 target, while MAC traded around $22.63 Friday. The upgrade suggests improving sentiment for mall REITs and could propel a near-term move toward the target if momentum persists. Risks include mall headwinds and whether fundamentals support valuation expansion.

  • Evercore ISI upgrades MAC to Outperform; target $26; MAC closed $22.63.
  • Upgrade signals improved sentiment for MAC among mall REIT peers.
  • Implied upside about 15-16% to the $26 target from current price.
  • No MAC fundamentals disclosed in the piece; momentum from ratings could drive moves.

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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.

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