Goldman Sachs Maintains Neutral on Nordstrom, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Neutral rating on Nordstrom (NYSE:JWN) but raises the price target from $19 to $21.
August 28, 2024 | 1:58 pm
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POSITIVE IMPACT
Goldman Sachs has maintained its Neutral rating on Nordstrom but increased the price target from $19 to $21, indicating a slightly more positive outlook.
The increase in price target from $19 to $21 suggests a slightly more optimistic view on Nordstrom's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100