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Fly News Breaks for February 13, 2017
JWN
Feb 13, 2017 | 08:32 EDT
Cowen analyst Oliver Chen lowered his price target to $50 from $64 on Nordstrom ahead of Q4 results. The analyst cited signs of apparel weakness, competitor promos, and lackluster accessories/handbag trends. Chen maintained his Outperform rating on Nordstrom shares.
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