Redbook Same-Store Sales for 2nd Week Nov. Up 1.2% Year-Over-Year

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Morgan Stanley Price Target on Costco Wholesale (COST) to Reflect 2017 Estimates

November 17, 2015 11:29 AM EST

Morgan Stanley reiterated an Overweight rating on Costco Wholesale (NASDAQ: COST), and raised the price target to $179.00 (from $163.00), to reflect 2017 estimates. Morgan Stanley is raising 2017 EPS estimate from $6.12 to $6.30 to incorporate a partial earnings benefit from two potentially powerful catalysts over the next 12 to 18 months.

Analyst Simeon... More

UBS Cuts Price Target on Nordstrom (JWN) Following 3Q EPS Miss

November 17, 2015 9:31 AM EST

UBS maintained a Buy rating on Nordstrom (NYSE: JWN), and cut the price target to $63.00 (from $82.00), following the company's 3Q earnings report. JWN reported EPS of $0.57 vs UBS' estimate of $0.74. UBS lowered 4Q and 2015 EPS estimates to $1.35 and $3.49 from $1.50 & $3.82 previously.

Analyst Michael... More