Breaking Down Nordstrom: 10 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Nordstrom (JWN), with recent ratings showing a mix of indifference and slight bearishness. The average 12-month price target is $17.9, reflecting a 9.15% increase from the previous target. Analyst actions include maintaining, raising, and lowering ratings and price targets, indicating a nuanced view of Nordstrom's market performance. The company's financial health is highlighted by its market capitalization, revenue growth, net margin, ROE, ROA, and debt management, suggesting a complex but potentially promising investment landscape.
April 19, 2024 | 12:01 pm
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POSITIVE IMPACT
Analysts' mixed opinions and the updated average price target of $17.9 for Nordstrom reflect a cautiously optimistic outlook. Financial indicators suggest strength in net margin and ROE, balanced by concerns over debt and market capitalization.
The mixed analyst ratings combined with a positive adjustment in the average price target suggest a cautiously optimistic outlook for Nordstrom. The financial health indicators such as a strong net margin and ROE, alongside concerns about debt levels, provide a balanced view of potential risks and rewards. The recent actions by analysts, including both raises and lowers in ratings and price targets, indicate ongoing adjustments to their outlook based on Nordstrom's performance and market conditions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100