Nordstrom's full-price comparable sales for holiday season disappoints
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Nordstrom (JWN) PT Lowered to $45 at Citi
January 17, 2019 9:56 AM ESTCiti analyst Paul Lejuez lowered the price target on Nordstrom (NYSE: JWN) to $45.00 (from $56.00) while maintaining a Neutral rating. JWN reported Nov/Dec comps +1.3%, below our forecast of +2-3% and consensus of +2.6%. The issue was at full price stores, where comps were +0.3%,... More
Nordstrom (JWN) PT Lowered to $62 at Deutsche Bank Following Holiday Update
January 16, 2019 6:40 AM ESTDeutsche Bank analyst Paul Trussell lowered the price target on Nordstrom (NYSE: JWN) to $62.00 (from $64.00) while maintaining a Buy rating.
Trussell commented, "Nordstrom surprisingly reported Holiday sales post close as management felt compelled to update the Street that (1) FY EPS is tracking toward... More
