Credit Suisse Maintains Neutral on Nordstrom, Lowers Price Target to $26
Credit Suisse analyst Michael Binetti maintains Nordstrom (NYSE:JWN) with a Neutral and lowers the price target from $29 to $26.
21 Stocks Moving in Wednesday’s Pre-Market Session
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The Singing Machine Company, Inc. (NASDAQ: MICS) shares rose 47.3% to $4.05 in pre-market trading.
Why Nordstrom Stock Is Rising Afterhours Today
Nordstrom, Inc. (NYSE: JWN) reported first-quarter sales growth of 18.
Earnings Scheduled For May 24, 2022
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.89 per share on revenue of $1.26 billion.
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Gainers
GeoVax Labs, Inc. (NASDAQ: GOVX) shares surged 90.2% to settle at $1.39 on Friday. GeoVax Labs, last month, said its Q1 sales results were lower year over year.
4 Analysts Have This to Say About Nordstrom
Nordstrom (NYSE:JWN) has observed the following analyst ratings within the last quarter:
JP Morgan Maintains Underweight on Nordstrom, Lowers Price Target to $22
JP Morgan analyst Matthew Boss maintains Nordstrom (NYSE:JWN) with a Underweight and lowers the price target from $24 to $22.
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Here’s Why Nordstrom Shares Are Moving
Shares of retail and apparel companies, including Nordstrom, Inc. (NYSE: JWN), are trading higher amid overall market strength as investors react to March inflation data.
Nordstrom’s Ex-Dividend Date Is Friday, Here’s What You Need To Know
Thursday marks the last chance for investors to receive the next dividend payout from Nordstrom (NYSE:JWN).