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Macerich Co Enters Oversold Territory

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Macerich Co’s (MAC - Free Report) share price has entered into oversold territory with an RSI value of 29.97. The Zacks Consensus Estimate on Macerich Co’s earnings for the full year period have moved higher by 4 cents over the past two months to $3.42 per share. Currently, Macerich Co is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (MAC - Free Report) after its recent drop.

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