Analyst Expectations for Nordstrom's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Nordstrom (NYSE:JWN) received 6 indifferent and 2 somewhat bearish analyst ratings. Over the past 3 months, 8 analysts have offered 12-month price targets for Nordstrom, with an average price target of $18.75, up by 9.01% from the previous average of $17.20.
August 17, 2023 | 5:00 pm
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NEUTRAL IMPACT
Nordstrom received mostly indifferent and somewhat bearish analyst ratings in the last quarter. The average 12-month price target has increased by 9.01%.
The indifferent and somewhat bearish analyst ratings indicate uncertainty about Nordstrom's future performance. However, the increase in the average 12-month price target suggests some analysts are becoming more optimistic about the stock's potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100