Form 8-K NORDSTROM INC For: Nov 23

Go back to Form 8-K NORDSTROM INC For: Nov 23

Nordstrom (JWN) PT Lowered to $27 at Cowen

November 24, 2021 7:19 AM EST

Cowen analyst Oliver Chen lowered the price target on Nordstrom (NYSE: JWN) to $27.00 (from $35.00) while maintaining a Market Perform rating.

The analyst commented, "EPS of $0.39 missed Street on higher SG&A, but JWN faces inventory, cost, and product challenges at both... More