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Stock Market & Financial Investment News

News Breaks
June 23, 2014
05:55 EDTJWNNordstrom downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Nordstrom to Neutral citing limited upside to its $74 price target following the recent outperformance of shares.
News For JWN From The Last 14 Days
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October 22, 2014
09:50 EDTJWNCredit Suisse to hold a field trip
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October 16, 2014
10:01 EDTJWNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Akamai (AKAM) downgraded to Market Perform from Outperform at Wells Fargo... CGG SA (CGG) downgraded to Reduce from Neutral at Nomura... Central Valley Community (CVCY) downgraded to Hold from Buy at Sandler O'Neill... DSM (RDSMY) downgraded to Neutral from Buy at Nomura... Disney (DIS) downgraded at Guggenheim... Francesca's (FRAN) downgraded to Underperform from Outperform at Macquarie... Netflix (NFLX) downgraded to Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to Reduce from Neutral at Nomura... Ternium (TX) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Neutral from Outperform at Macquarie... Viacom (VIAB) downgraded at BofA/Merrill... eBay (EBAY) downgraded to Underperform from Buy at CLSA... lululemon (LULU) downgraded to Underperform from Neutral at Macquarie.
05:48 EDTJWNNordstrom downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Nordstrom to Neutral after assuming coverage of the stock citing potential margin pressure in FY15 from incremental Trunk Club costs. The firm lowered its price target for shares to $70 from $77.
October 8, 2014
13:43 EDTJWNDepartment stores fall after J.C. Penney cuts view due to difficult environment
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