Citigroup Maintains Neutral on Nordstrom, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Nordstrom (NYSE:JWN) and raised the price target from $17 to $20.
August 17, 2023 | 1:24 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Nordstrom and raised the price target from $17 to $20.
The news is directly related to Nordstrom. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100