Nordstrom (JWN) Stock Plunges 14% After Cutting Guidance, Analyst 'Convinced' Shares are Overvalued
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
Nordstrom (JWN) PT Lowered to $26 at Piper Sandler
August 24, 2022 6:10 AM EDTPiper Sandler analyst Edward Yruma lowered the price target on Nordstrom (NYSE: JWN) to $26.00 (from $28.00) while maintaining a Overweight rating.... More
Nordstrom (JWN) PT Lowered to $21 at Credit Suisse
August 24, 2022 5:55 AM EDTCredit Suisse analyst Michael Binetti lowered the price target on Nordstrom (NYSE: JWN) to $21.00 (from $23.00) while maintaining a Neutral rating.... More
