Nordstrom (JWN) PT Lowered to $45 at Citi

JPMorgan Downgrades Nordstrom (JWN) to Underweight

JPMorgan analyst Matthew Boss downgraded Nordstrom (NYSE: JWN) from Neutral to Underweight with a price target of $41.00 (from $51.00).

For an analyst ratings summary and ratings history on Nordstrom click here. For more ratings news on Nordstrom click here.

Shares of Nordstrom closed at $47.26 yesterday.

Pre-Open Stock Movers 01/16: (VIVE) (FDC) (MERC) Higher; (APTX) (EFII) (SNAP) Lower (more...)

Today's Pre-Open Movers

Aptinyx Inc. (NASDAQ: APTX) 67% LOWER; today announced top-line results from a Phase 2 clinical study of NYX-2925 in subjects with painful diabetic peripheral neuropathy (DPN). In the study, NYX-2925 did not demonstrate statistically significant separation from placebo on the primary endpoint, change in subjects average daily pain scores on the Numerical Rating Scale (NRS) during the final treatment week compared to baseline. Of the three dose levels evaluated, 50 mg showed the most meaningful improvements across multiple measures. NYX-2925 was well tolerated in the study with no serious adverse... More

Upbeat bank earnings send Wall Street to one-month highs

By April Joyner

NEW YORK (Reuters) - Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp (NYSE: BAC) and Goldman Sachs Group Inc (NYSE: GS) boosted investor sentiment.

Goldman Sachs shares surged 9.5 percent, providing the greatest boost to the Dow, after the bank reported quarterly revenue and earnings that topped estimates. The shares registered their biggest daily percentage gain in nearly 10 years.

Bank of America shares jumped 7.2 percent, leading the S&P 500 higher, after the bank reported a... More

Nordstrom (JWN) Holiday Comps Increase 1.3%

Nordstrom, Inc. (NYSE: JWN) today announced a comparable sales increase of 1.3 percent for the nine weeks ended January 5, 2019, compared with the nine weeks ended January 6, 2018.

In Full-Price, comparable sales increased 0.3 percent relative to the third quarter year-to-date increase of 1.9 percent, reflecting softer traffic in stores. In Off-Price, comparable sales increased 3.9 percent, which was consistent with... More

Atlantic Equities Downgrades Nordstrom (JWN) to Neutral

Atlantic Equities analyst Daniela Nedialkova downgraded Nordstrom (NYSE: JWN) from Overweight to Neutral.

For an analyst ratings summary and ratings history on Nordstrom click here. For more ratings news on Nordstrom click here.

Shares of Nordstrom closed at $43.90 yesterday.

Nordstrom (JWN) PT Lowered to $43 at BofA/Merrill Lynch

BofA/Merrill Lynch analyst Lorraine Hutchinson lowered the price target on Nordstrom (NYSE: JWN) to $43.00 (from $48.00) while maintaining a Underperform rating.

The analyst remains negative noting a lack of opportunity for EBIT margin to grow.

Nordstrom (JWN) PT Lowered to $62 at Deutsche Bank Following Holiday Update

Deutsche 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

Nordstrom (JWN) Feels Full Price Pressure, PT To $53 - Baird

Baird analyst, Mark Altschwager, reiterated his Neutral rating on shares of Nordstrom (NYSE: JWN) and cut his price target to $53 from $55 after the company announced holiday comps ahead of Q4-consensus (+1.3% vs. +1.2% consensus); however, Full-Price comps fell short of internal plans and management... More

Options expected to have increasing volume: JWN DDS ANF AEO BBY LB KSS M WMT AMZN

Options expected to have increasing volume: JWN DDS ANF AEO BBY LB KSS M WMT AMZN

Nordstrom (JWN) PT Lowered to $43 at Piper Jaffray

Piper Jaffray analyst Erinn Murphy lowered the price target on Nordstrom (NYSE: JWN) to $43.00 (from $47.00) while maintaining a Neutral rating.

Telsey Downgrades Nordstrom (JWN) to Market Perform

Telsey analyst Dana Telsey downgraded Nordstrom (NYSE: JWN) from Outperform to Market Perform with a price target of $56.00 (from $72.00).

For an analyst ratings summary and ratings history on Nordstrom click here. For more ratings news on Nordstrom click here.

Shares of Nordstrom closed at $47.26 yesterday.

Goldman Sachs Downgrades Nordstrom (JWN) to Neutral, Full Price Headwinds Strong Than Anticipated

Goldman Sachs analyst Alexandra Walvis downgraded Nordstrom (NYSE: JWN) from Buy to Neutral with a price target of $50.00 (from $73.00).

The analyst incrementally more negative following a couple releases showing full price comps disappointed compared with expectations.

The analyst also has fading... More

Nordstrom's full-price comparable sales for holiday season disappoints

(This Jan. 15 story corrects to fix Nordstrom's full-year adjusted profit forecast)

(Reuters) - Nordstrom Inc (NYSE: JWN) said on Tuesday comparable store sales at its full-price department stores rose only 0.3 percent during the crucial months of November and December, blaming lower traffic.