Telsey Advisory Group Maintains Market Perform on Nordstrom, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on Nordstrom (JWN) and increased the price target from $17 to $19.
March 06, 2024 | 10:12 am
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POSITIVE IMPACT
Telsey Advisory Group has maintained a 'Market Perform' rating on Nordstrom and raised the price target from $17 to $19.
The increase in price target by Telsey Advisory Group suggests a positive outlook on Nordstrom's stock performance in the short term. This could lead to increased investor confidence and potentially drive the stock price up, as the new target represents an upward revision and a positive sentiment from the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100