Encouraged by online sales, Nordstrom raises full-year profit forecast
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J. C. Penney (JCP) PT Lowered to $2 at Deutsche Bank Following 2Q
August 17, 2018 8:40 AM EDTDeutsche Bank analyst Paul Trussell lowered the price target on J. C. Penney (NYSE: JCP) to $2.00 (from $3.00) while maintaining a Hold rating following the company's 2Q earnings report. 2Q results were disappointing and largely driven by GPM pressure with the company missing EPS... More
Nordstrom (JWN) PT Raised to $59 at Nomura/Instinet
August 17, 2018 8:34 AM EDTNomura/Instinet analyst Simeon Siegel raised the price target on Nordstrom (NYSE: JWN) to $59.00 (from $54.00) while maintaining a Neutral rating following the company's 2Q earnings report. Amid a yoyo earnings cycle, JWN saw strength at its own proxy of both consumer extremes with full-price and... More
Nordstrom (JWN) PT Raised to $55 at Credit Suisse
August 17, 2018 8:30 AM EDTCredit Suisse analyst Michael Binetti raised the price target on Nordstrom (NYSE: JWN) to $55.00 (from $52.00) while maintaining a Neutral rating.
... MoreNordstrom (JWN) PT Raised to $55 at RBC Capital
August 17, 2018 6:51 AM EDTRBC Capital analyst Brian Tunick raised the price target on Nordstrom (NYSE: JWN) to $55.00 (from $49.00) while maintaining a Sector Perform rating following "very solid" results.
... More