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Nordstrom (JWN) Names New Nordstrom.com President; Announces Executive Shift

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Stifel Sees Nordstrom's (JWN) Executive Changes as 'Incremental'; Affirms at Buy

September 22, 2016 6:41 AM EDT

Stifel affirms Nordstrom (NYSE: JWN) with a Buy rating and $58 price target following news of an executive shift.

Analyst Richard Jaffe commented: To further accelerate its e-commerce, digital and mobile efforts, it has appointed Ken Worzel as president of Nordstrom.com. Worzel... More