TD Cowen Maintains Hold on Nordstrom, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Oliver Chen maintains a Hold rating on Nordstrom (NYSE:JWN) and raises the price target from $24 to $25.

August 28, 2024 | 1:46 pm
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TD Cowen analyst Oliver Chen maintains a Hold rating on Nordstrom and raises the price target from $24 to $25, indicating a slight positive outlook.
The increase in the price target from $24 to $25 suggests a slightly more positive outlook on Nordstrom's stock, which could lead to a minor positive impact on the stock price. However, the Hold rating indicates that the analyst does not see significant upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100