Nordstrom (JWN) Tops Q1 EPS by 10c
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Nordstrom (JWN) PT Lowered to $42 at Instinet; Reiterates Neutral
May 12, 2017 9:07 AM EDTInstinet lowered its price target on Nordstrom (NYSE: JWN) to $42.00 (from $44.00) while maintaining a Neutral rating. Lighter-than-anticipated sales vs. JWNs internal expectations was offset by SG&A leverage, which drove a 10c EPS beat.
JWN continues to see growth via opptys including... More
Nordstrom (JWN) PT Lowered to $46 at Citi Following 1Q Report; 'Deterioration in Rack Sales & Gross Margins is Concerning'
May 12, 2017 6:28 AM EDTCiti lowered its price target on Nordstrom (NYSE: JWN) to $46.00 (from $50.00) while maintaining a Neutral rating, following the company's first quarter earnings report.
Analyst Paul Lejuez notes the company delivered first quarter earnings per share above consensus estimates, despite a concerning decline in... More
