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Macy's Inc.'s e-commerce platform could have an enterprise value of $11.5 billion, according to estimates from Cowen analysts. Macy's is facing a showdown with activist investors Jana Partners LLC, according to The Wall Street Journal, who are encouraging the department store retailer to separate its e-commerce from its bricks-and-mortar business. Cowen analysts say that, with an $11.5 billion enterprise value, Macy's e-commerce unit could be worth as much as $40 per share. Macy's stock will ope