Nordstrom Third Quarter 2016 Operational Results Exceeded Expectations

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Go back to Nordstrom Third Quarter 2016 Operational Results Exceeded Expectations

UBS Raises price Target on Nordstrom (JWN) to $64 Following 3Q EPS Beat

November 14, 2016 8:55 AM EST

UBS reiterated a Buy rating on Nordstrom (NYSE: JWN), and raised the price target to $64.00 (from $58.00), following the company's 3Q earnings report. JWN reported EPS of $0.84, solidly ahead of the Street's estimate of $0.51. 3Q was a positive update with JWN finally generating SG&A... More

Nordstrom (JWN) PT Lifted to $63 at Cowen; Focus on Prioritizing

November 11, 2016 9:02 AM EST

Cowen analyst Oliver Chen reiterated an Outperform rating and raised its price target on Nordstrom (NYSE: JWN) to $64.00 (from $55.00) following results.

Chen commented, "We like JWNs Focus on Prioritizing: limited distribution brands, a best in class human service experience, and a seamless digital +... More

Nordstrom (JWN) PT Bumped to $62 at Stifel Following Strong Quarter

November 11, 2016 8:35 AM EST

Stifel analyst Richard Jaffe reiterated a Buy rating and raised his price target on Nordstrom (NYSE: JWN) to $62.00 (from $58.00) following strong quarterly results.

Jaffe commented, "JWN reported solid 3Q results, well above our estimate and consensus, primarily due to better margins and lower expenses than we... More