Nordstrom (JWN) Q4 Revenue Tops Views, FY Sales Guidance Comes in Light

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Nordstrom (JWN) PT Raised to $58 at JPMorgan on 4Q Report; 'Margin Miss with FY18 Set Above Street'

March 2, 2018 6:28 AM EST

JPMorgan raised its price target on Nordstrom (NYSE: JWN) to $58.00 (from $52.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Matthew Boss notes a positive outlook on the shares, as the company reported fourth quarter revenues above consensus... More