Barclays Maintains Underweight on Nordstrom, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Paul Kearney maintains an Underweight rating on Nordstrom (NYSE:JWN) and raises the price target from $14 to $15.
June 05, 2023 | 9:15 am
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NEUTRAL IMPACT
Barclays maintains an Underweight rating on Nordstrom (NYSE:JWN) and raises the price target from $14 to $15.
The news of Barclays maintaining an Underweight rating on Nordstrom and raising the price target from $14 to $15 is directly related to the company. However, the impact on the stock price is expected to be neutral in the short term as the rating remains unchanged and the price target increase is relatively small.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100