Nordstrom Reports Q2 Beat, But Shares Plunge 14% on 2022 Guidance Cut
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Nordstrom (JWN) PT Lowered to $21 at Jefferies
August 24, 2022 8:55 AM EDTJefferies analyst Stephanie Wissink lowered the price target on Nordstrom (NYSE: JWN) to $21.00 (from $22.00) while maintaining a Hold rating.
The analyst commented, "Q2 sales were slightly ahead, EBIT missed. Results have proven more volatile Q/Q than we'd have expected. Revised lower... More
