Barclays Maintains Underweight on Nordstrom, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Underweight rating on Nordstrom (NYSE:JWN) but raises the price target from $15 to $18.
May 31, 2024 | 6:08 pm
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Barclays analyst Adrienne Yih maintains an Underweight rating on Nordstrom but raises the price target from $15 to $18.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100