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Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:00 EDTJWNNordstrom price target raised to $70 from $62 at Buckingham
Buckingham increased its price target on Nordstrom after the company announced that it would seek a financial partner for its credit card receivables. The firm thinks the deal could be 50c-60c accretive to the company's EPS. It keeps a Neutral rating on the stock.
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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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