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Fly News Breaks for January 16, 2019
JWN
Jan 16, 2019 | 05:48 EDT
Goldman Sachs analyst Alexandra Walvis downgraded Nordstrom to Neutral and removed the shares from her firm's Americas Conviction List. She also lowered her price target for the stock to $50 from $73. The analyst says that following two releases in which full price comps have disappointed, she has "fading confidence" in the outlook for the core department store business. Further, Walvis sees "choppy" gross margins as the company cycles generational investments. "In short, we got this call wrong," the analyst tells investors in a research note.
News For JWN From the Last 2 Days
JWN
Apr 19, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
JWN
Apr 19, 2024 | 12:01 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
JWN
Apr 19, 2024 | 09:08 EDT
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
JWN
Apr 18, 2024 | 16:35 EDT
JWN
Apr 18, 2024 | 16:08 EDT
JWN
Apr 18, 2024 | 15:55 EDT
