Image Source: Zacks Investment Research Shares of Macy’s are now up 17% over the last month with better-than-expected October CPI numbers giving broader markets a push in recent weeks as well. Blasting Q3 expectations certainly opened a lot of eyes and have led to rising earnings estimates for Macy’s current fiscal 2023, There could be better buying opportunities ahead after such a strong post-Q3 rally. The Average Zacks Price Target still suggests 6% upside from current levels and Macy’s offers patient investors a modest 2.67% annual dividend yield at $0.63 a share.