Telsey Advisory Group Maintains Market Perform on Nordstrom, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Nordstrom (NYSE:JWN) with a price target of $23.
August 20, 2024 | 11:23 am
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NEUTRAL IMPACT
Telsey Advisory Group has reiterated its Market Perform rating for Nordstrom, keeping the price target at $23. This suggests a neutral outlook on the stock's performance.
The reaffirmation of a Market Perform rating and a stable price target of $23 indicates that the analyst expects Nordstrom's stock to perform in line with the market. This suggests no significant short-term price movement is anticipated based on this report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100