Telsey Advisory Group Reiterates Market Perform on Nordstrom, Lowers Price Target to $19
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has reiterated its 'Market Perform' rating on Nordstrom (NYSE:JWN) and lowered the price target from $21 to $19.
August 25, 2023 | 9:19 am
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Nordstrom's price target has been lowered from $21 to $19 by Telsey Advisory Group, which maintains a 'Market Perform' rating on the stock.
The lowering of the price target by Telsey Advisory Group indicates a less optimistic outlook for Nordstrom's stock in the near term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
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