12 Consumer Discretionary Stocks Moving In Friday’s Intraday Session
Gainers 2U (NASDAQ:TWOU) stock moved upwards by 30.4% to $12.89 during Friday’s regular session. The current volume of…
Morgan Stanley Maintains Underweight on Nordstrom, Lowers Price Target to $19
Morgan Stanley analyst Kimberly Greenberger maintains Nordstrom (NYSE:JWN) with a Underweight and lowers the price target from $21 to $19.
Analyst Expectations for Nordstrom’s Future
Within the last quarter, Nordstrom (NYSE:JWN) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish…
Nordstrom Faces Price Target Cuts By Analysts Following Weak Holiday Sales
Nordstrom Inc (NYSE: JWN) reported a 3.5% drop in net sales for the nine-week holiday period ended December 31, 2022 and lowered its annual EPS guidance.
Nordstrom cut EPS guidance to a new range of $1.50-$1.70 from $2.30-$2.60.
Nordstrom shares gained 0.5% to trade at $17.53 on Friday.
Nordstrom Reports Weaker Than Expected Holiday Sales: 4 Analysts Weigh In
Nordstrom Inc (NYSE: JWN) reported weaker-than-expected holiday sales on Thursday, leading the company to lower guidance for the fourth quarter and full fiscal year 2022, which ends in late January.
Citigroup Maintains Neutral on Nordstrom, Lowers Price Target to $17
Citigroup analyst Paul Lejuez maintains Nordstrom (NYSE:JWN) with a Neutral and lowers the price target from $21 to $17.
Why Nordstrom Stock Is Falling Today
Nordstrom Inc (NYSE: JWN) shares are trading lower by 5.62% to $16.47 Friday morning after the company reported a net sales decrease of 3.5% for the nine-week holiday period ended December 31, 2022. The company also cut its FY22 EPS guidance from in the range of $2.30-$2.60 to a new range of $1.50-$1.70.
Gordon Haskett Downgrades Nordstrom to Reduce, Lowers Price Target to $13
Gordon Haskett analyst Chuck Grom downgrades Nordstrom (NYSE:JWN) from Hold to Reduce and lowers the price target from $20 to $13.
Benzinga Pro’s Top 5 Stocks To Watch For Friday, January 20, 2023: NFLX, M, PARA, PLNT, APPH
Netflix (NFLX) - Shares were up about 6% following better-than-expected quarterly sales reported Thursday afternoon. Guidance was mixed. Analysts who cover Netflix largely remained neutral on the
JP Morgan Maintains Underweight on Nordstrom, Lowers Price Target to $13
JP Morgan analyst Matthew Boss maintains Nordstrom (NYSE:JWN) with a Underweight and lowers the price target from $15 to $13.