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Nordstrom Beats Q2 Earnings But Guidance Shows A Decline In This Key Matrix: 4 Analysts Revise Forecasts

Benzinga ·  Aug 28 11:00

Shares ofNordstrom Inc(NYSE:JWN)climbed in early trading on Wednesday, after the company reported upbeat second-quarter earnings.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

  • Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating, while raising the price target from $23 to $24.
  • Goldman Sachs analyst Brooke Roach maintained a Neutral rating, while lifting the price target from $19 to $21.
  • JPMorgan analyst Matthew Boss reaffirmed an Underweight rating, while raising the price target from $19 to $20.
  • BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while lifting the price...
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