Goldman Sachs Maintains Neutral on Nordstrom, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has maintained a Neutral rating on Nordstrom (JWN) and increased the price target from $16 to $18.
March 06, 2024 | 4:37 pm
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Goldman Sachs maintains a Neutral rating on Nordstrom and raises the price target from $16 to $18.
The increase in price target by Goldman Sachs suggests a positive outlook on Nordstrom's financial performance and stock potential. While the rating remains Neutral, the raised target could indicate an improved assessment of the company's value, potentially leading to increased investor interest and a positive short-term impact on the stock price.
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IMPORTANCE 75
RELEVANCE 90