Nordstrom (JWN) Holiday Comps Increase 1.3%

Go back to Nordstrom (JWN) Holiday Comps Increase 1.3%

Nordstrom (JWN) PT Lowered to $45 at Citi

January 17, 2019 9:56 AM EST

Citi 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