Citigroup Maintains Neutral on Nordstrom, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Nordstrom (JWN) and increased the price target from $15 to $21.

February 27, 2024 | 5:22 pm
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Citigroup has maintained a Neutral rating on Nordstrom but raised the price target from $15 to $21.
The increase in price target by Citigroup suggests a positive outlook on Nordstrom's stock performance in the short term. Although the rating remains Neutral, the significant raise in price target could lead to increased investor confidence and potentially a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90