Nordstrom (JWN) Tops Q3 EPS by 7c; Narrows Top End of EPS Guidance

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Nordstrom (JWN) PT Lowered to $43 at Baird Following 3Q

November 10, 2017 9:26 AM EST

Baird lowered its price target on Nordstrom (NYSE: JWN) to $43.00 (from $50.00) while maintaining a Neutral rating following the company's 3Q earnings report. Nordstrom reported EPS ahead of consensus ($0.68 vs. $0.63 consensus) fueled by higher credit earnings, lower taxes, and lower interest expense offset by lower... More

Nordstrom (JWN) PT Lowered to $47 at Telsey, 'Underlying Results Appear Mixed'

November 10, 2017 6:52 AM EST

Telsey lowered its price target on Nordstrom (NYSE: JWN) to $47.00 (from $50.00) while maintaining a Market Perform rating.

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Nordstrom (JWN) PT Lowered to $43 at Citi, Remains Neutral As Report Was 'A Mix Of Good And Not So Good'

November 10, 2017 6:06 AM EST

Citi lowered its price target on Nordstrom (NYSE: JWN) to $43.00 (from $46.00) while maintaining a Neutral rating.

ANalyst Paul Lejuez remains sidelined noting good an bad parts of the report and believes with the uncertainty lingering in the environment given the lowered outlook... More

Nordstrom (JWN) PT Lowered to $35 at BofA/Merrill Lynch, 'Environment Weighing On Retail EBIT'

November 10, 2017 5:00 AM EST

BofA/Merrill Lynch lowered its price target on Nordstrom (NYSE: JWN) to $35.00 (from $40.00) while maintaining a Underperform rating.

Analyst Lorraine Hutchinson says retail EBIT is diminishing as investment continues with initiatives to reserve items online and try in the store, digital selling tools,... More

Nordstrom (JWN) PT Lowered to $37 at Piper Jaffray Citing Outsized EPS Risk

November 10, 2017 4:43 AM EST

Piper Jaffray lowered its price target on Nordstrom (NYSE: JWN) to $37.00 (from $42.00) while maintaining a Neutral rating.

Analyst Erinn Murphy believes the consensus outlook on revenues for departments stores in Q4 is still too aggressive and fears outsized EPS risk for... More

Nordstrom (JWN) PT Lowered to $50 at KeyBanc, Remains Positive on 'Holiday Hope'

November 10, 2017 4:22 AM EST

KeyBanc lowered its price target on Nordstrom (NYSE: JWN) to $50.00 (from $55.00) while maintaining a Overweight rating.

Analyst Edward Yruma believes the Q3 results "were fair" given the headwinds from the hurricanes. The analyst believes the upcoming holiday season is going to be... More