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Stock Market & Financial Investment News

News Breaks
May 13, 2013
07:13 EDTJWNNordstrom unlikely to raise full-year guidance, says Piper Jaffray
Piper Jaffray does not expect Nordstrom to raise its full-year earnings guidance when reporting Q1 results this Thursday. However, Piper thinks the company's fundamentals remain strong and reiterates an Overweight rating on the stock with a $64 price target.
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September 25, 2014
05:31 EDTJWNNordstrom store in Canada off to strong start, says Deutsche Bank
Deutsche Bank says the feedback received regarding Nordstrom's first store opening in Canada has been "particularly favorable." Deutsche expects Canada to eventually add 30c-40c to Nordstrom's bottom line and contribute up to $6 in value to the stock. The firm reiterates a Buy rating on the name with a $77 price target.

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