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Fly News Breaks for January 18, 2017
JWN
Jan 18, 2017 | 09:15 EDT
As previously reported, Credit Suisse analyst Christian Buss upgraded Nordstrom to Outperform from Neutral, calling it one of the best franchises in the retail sector. The company's investments in speed of execution, eCommerce, and brands should lead to outsized earnings growth relative to peers, contends Buss, who raised his price target on the stock to $58 from $48.
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