Telsey Advisory Group Reiterates Market Perform on Nordstrom, Maintains $21 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has reiterated its 'Market Perform' rating on Nordstrom (NYSE:JWN) and maintained its price target of $21.
August 18, 2023 | 9:36 am
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Telsey Advisory Group has reiterated its 'Market Perform' rating on Nordstrom and maintained its price target of $21.
The reiteration of the 'Market Perform' rating and the maintenance of the $21 price target by Telsey Advisory Group indicates that the analyst believes Nordstrom's stock is fairly valued at its current price. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100