Deutsche Bank Maintains Hold on Nordstrom, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Hold rating on Nordstrom (NYSE:JWN) and raises the price target from $17 to $19.
June 01, 2023 | 1:10 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Hold rating on Nordstrom (NYSE:JWN) and raises the price target from $17 to $19.
The news of Deutsche Bank maintaining a Hold rating on Nordstrom and raising the price target from $17 to $19 indicates a neutral outlook for the stock in the short term. The price target increase may have a positive impact, but the Hold rating suggests that the stock is fairly valued and not expected to outperform or underperform significantly. This leads to a neutral score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100