BMO Capital Maintains Market Perform on Nordstrom, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Nordstrom (NYSE:JWN) and raised its price target from $20 to $22.
August 28, 2024 | 2:07 pm
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BMO Capital has maintained its Market Perform rating on Nordstrom and increased the price target from $20 to $22, indicating a slightly more positive outlook.
The increase in price target from $20 to $22 by BMO Capital suggests a slightly improved outlook for Nordstrom, which could positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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