Piper Sandler Maintains Neutral on Nordstrom, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Edward Yruma maintains a Neutral rating on Nordstrom (JWN) and raises the price target from $17 to $20.

March 06, 2024 | 2:26 pm
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Piper Sandler maintains a Neutral rating on Nordstrom and raises the price target from $17 to $20.
The increase in price target from $17 to $20 by Piper Sandler suggests a positive outlook on Nordstrom's stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of some upward movement in the stock price, likely leading to a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100