J.C. Penney a case of 'good results, bad timing' as shares plunge

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Go back to J.C. Penney a case of 'good results, bad timing' as shares plunge

UBS Cuts Price Target on Nordstrom (JWN) Following 3Q EPS Miss

November 17, 2015 9:31 AM EST

UBS maintained a Buy rating on Nordstrom (NYSE: JWN), and cut the price target to $63.00 (from $82.00), following the company's 3Q earnings report. JWN reported EPS of $0.57 vs UBS' estimate of $0.74. UBS lowered 4Q and 2015 EPS estimates to $1.35 and $3.49 from $1.50 & $3.82 previously.

Analyst Michael... More