Citigroup Maintains Neutral on Nordstrom, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Nordstrom (NYSE:JWN) and lowered the price target from $20 to $18.
August 25, 2023 | 2:49 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Nordstrom and lowered the price target from $20 to $18.
The lowering of the price target by Citigroup indicates a potential decrease in Nordstrom's stock value. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100