RBC Capital analyst Brian Tunick says he was "encouraged" by Nordstrom's better than expected Q2 results, and he is upbeat on the company's sales initiatives. However, he keeps a Sector Perform rating on the stock, citing valuation.
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here