Mid-Day Market Update: Nasdaq Surges 150 Points; US Crude Oil Inventories Fall By 2.6M Barrels
U.S. stocks extended gains midway through trading, with the Nasdaq index jumping 150 points on Wednesday.
Why These Two Analysts Raised Nordstrom’s Price Target
Nordstrom, Inc. (NYSE: JWN) reported its fourth-quarter earnings at $1.23 per share, significantly ahead of the consensus estimate of $1.00 per share, backed by higher-than-expected gross margins.
Telsey Advisory Group On Nordstrom
Mid-Morning Market Update: U.S. Stocks Mixed; Dollar Tree Reports Mixed Q4 Results
U.S. stocks opened mixed this morning, with the Dow Jones adding more than 200 points on Wednesday.
JP Morgan Maintains Underweight on Nordstrom, Raises Price Target to $24
JP Morgan analyst Matthew Boss maintains Nordstrom (NYSE:JWN) with a Underweight and raises the price target from $23 to $24.
Telsey Advisory Group Maintains Market Perform on Nordstrom, Raises Price Target to $30
Telsey Advisory Group analyst Dana Telsey maintains Nordstrom (NYSE:JWN) with a Market Perform and raises the price target from $27 to $30.
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What 7 Analyst Ratings Have To Say About Nordstrom
Nordstrom (NYSE:JWN) has observed the following analyst ratings within the last quarter:
Evercore ISI Group Downgrades Nordstrom to In-Line
Evercore ISI Group analyst Omar Saad downgrades Nordstrom (NYSE:JWN) from Outperform to In-Line.
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Why Macy’s And Nordstrom Shares Are Rising Today
Macy's Inc (NYSE: M) and Nordstrom, Inc. (NYSE: JWN) shares are trading higher by 5.5% at $24.20 and 2.5% at $20.50, respectively, amid media reports that several funds are interested in acquiring Kohl's.