Topeka Capital Starts Nordstrom (JWN) at Buy

April 11, 2013 9:27 AM EDT Send to a Friend
Get Alerts JWN Hot Sheet
Price: $72.41 +1.44%

Rating Summary:
    11 Buy, 15 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 27 | Down: 26 | New: 17
Trade JWN Now!
Join SI Premium – FREE
Topeka Capital initiated coverage on Nordstrom (NYSE: JWN) with a Buy rating and a price target of $63.00.

Analyst Dorothy S. Lakner said, "We believe JWN should continue to benefit from the ramp-up in spending from affluent customers in a recovering economy, from a still early comeback in its women's apparel business as well as its leadership in multi-channel retailing."

For an analyst ratings summary and ratings history on Nordstrom click here. For more ratings news on Nordstrom click here.

Shares of Nordstrom closed at $55.81 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS View, New Coverage

Add Your Comment