Options with increasing put volume on November 10; GSAT EMB NAVI ITUB AZN USMV JWN

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UBS Raises price Target on Nordstrom (JWN) to $64 Following 3Q EPS Beat

November 14, 2016 8:55 AM EST

UBS reiterated a Buy rating on Nordstrom (NYSE: JWN), and raised the price target to $64.00 (from $58.00), following the company's 3Q earnings report. JWN reported EPS of $0.84, solidly ahead of the Street's estimate of $0.51. 3Q was a positive update with JWN finally generating SG&A... More