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Baird Downgrades Nordstrom (JWN) to Neutral

August 3, 2012 7:08 AM EDT
Get Alerts JWN Hot Sheet
Price: $24.66 --0%

Rating Summary:
    4 Buy, 30 Hold, 6 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 11 | New: 17
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Baird downgraded Nordstrom (NYSE: JWN) from Outperform to Neutral with a price target of $59.00 (from $62.00).

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 $53.31 yesterday.


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Robert W Baird