11 Analysts Assess Nordstrom: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the last three months, 11 analysts have published ratings on Nordstrom (NYSE:JWN), with a mix of 'Somewhat Bearish' and 'Indifferent' sentiments. The average 12-month price target has increased to $17.82 from $16.27. Key analysts have adjusted their ratings and price targets, reflecting varied perspectives on Nordstrom's market performance.
May 17, 2024 | 4:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Analysts have mixed ratings on Nordstrom, with the majority being 'Indifferent' or 'Somewhat Bearish'. The average 12-month price target has increased to $17.82, indicating a slight positive shift in sentiment.
The mixed ratings from analysts suggest a neutral short-term impact on Nordstrom's stock price. The increase in the average price target to $17.82 indicates a slight positive sentiment, but the overall 'Indifferent' and 'Somewhat Bearish' ratings balance this out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100