TD Cowen analyst Oliver Chen maintains $Nordstrom (JWN.US)$ with a hold rating, and maintains the target price at $25.
According to TipRanks data, the analyst has a success rate of 53.1% and a total average return of 6.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Nordstrom (JWN.US)$'s main analysts recently are as follows:
While acknowledging the third-quarter sales outperformance, there was an observable slowdown in sales trends during the final week of October and moving into the current quarter. Consequently, management is adopting a more conservative outlook for the fourth quarter. There are persistent concerns regarding risks to sales and profitability due to ongoing structural issues within the department store sector.
Nordstrom is expected to continue encountering difficulties compared to off-price retailers and brands' direct-to-consumer channels, which may result in further market share losses, downward EPS revisions, and deteriorating sentiment over the next few years. This outlook remains unchanged following the Q3 report.
Nordstrom delivered a notable quarter; nevertheless, articulating a clear bullish or bearish stance is challenging without further updates on the Nordstrom family's potential acquisition. Furthermore, the Q4 guidance, marked by a confusing and overly conservative tone, complicates understanding the various motivations influencing the stock's current dynamics.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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TD Cowen分析师Oliver Chen维持$诺德斯特龙 (JWN.US)$持有评级,维持目标价25美元。
根据TipRanks数据显示,该分析师近一年总胜率为53.1%,总平均回报率为6.5%。
此外,综合报道,$诺德斯特龙 (JWN.US)$近期主要分析师观点如下:
在承认第三季度销售表现优异的同时,在10月的最后一周以及进入本季度的销售趋势明显放缓。因此,管理层对第四季度采取了更为保守的展望。由于百货商店行业持续的结构性问题,人们一直担心销售和盈利风险。
与低价零售商和品牌的直接面向消费者的渠道相比,预计诺德斯特龙将继续遇到困难,这可能会导致未来几年进一步的市场份额损失,每股收益的下调以及市场情绪的恶化。第三季度报告发布后,这一前景保持不变。
诺德斯特龙的季度表现引人注目;但是,如果不进一步了解诺德斯特龙家族潜在收购的最新情况,那么明确的看涨或看跌立场是具有挑战性的。此外,第四季度的指导方针以混乱和过于保守的基调为标志,使人们难以理解影响该股当前动态的各种动机。
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