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JWN

Nordstrom

$50.94

0.25 (0.49%)

16:57
05/17/18
05/17
16:57
05/17/18
16:57

Nordstrom sees full-price business stabilizing

Says Nordstrom Rack store sales underperformed relative to expectations. Sees full-price business stabilizing.

  • 17

    May

  • 29

    May

JWN Nordstrom
$50.94

0.25 (0.49%)

03/12/18
FBCO
03/12/18
INITIATION
Target $54
FBCO
Neutral
Nordstrom initiated with a Neutral at Credit Suisse
Credit Suisse analyst Michael Binetti initiated Nordstorm with a Neutral rating and a price target of $54. The analyst states that the company has some advantages relative to its department store peers, having pivoted to e-commerce with 25% of total sales and value offerings at 33% of sales. However, Binetti also sees additional stock price upside as limited without improved visibility on a "potential Nordstrom family MBO".
03/06/18
EVER
03/06/18
NO CHANGE
EVER
Evercore sees high likelihood of Nordstrom take-private deal getting done
Evercore ISI analyst Omar Saad closed the 8.5% Nordstrom short position in his firm's model portfolio saying a potential leveraged buyout transaction at a price above $50 appears likely at this point. A stronger holiday season and consumer backdrop, coupled with lowered taxes in the U.S., have strengthened the case for the take private transaction and the ability to finance the added debt, Saad tells investors in a research note. He sees "enough room" for Nordstrom management and Leonard Green to increase the bid and still get the deal done. As such, the analyst sees a high likelihood of Nordstrom going private at a price above $50 per share. The stock in morning trading is up 18c to $52.08.
03/05/18
BMOC
03/05/18
NO CHANGE
Target $55
BMOC
Market Perform
Nordstrom price target raised to $55 from $50 at BMO Capital
BMO Capital analyst Wayne Hood raised his price target on Nordstrom to $55 despite the Q4 earnings miss, citing better than expected FY18 EPS outlook. The analyst states that he is positive on the management's view of 2018 as a "long-awaited inflection point" that will lead to the company leveraging its "generational' investments which previously weighed on earnings. Hood keeps his Market Perform rating on Nordstrom, adding that he could become more constructive on stock price pullback or if he sees "more material acceleration in sales".
02/08/18
KEYB
02/08/18
NO CHANGE
KEYB
Sector Weight
Amazon new denim brands a 'modest negative' for Gap/Nordstrom, says KeyBanc
KeyBanc analyst Edward Yruma notes that Amazon (AMZN) recently launched two premium private-label denim brands, namely Hale and Denim Crush. Importantly, the price points, details, and construction point to a foray into premium women's denim, he notes, adding that he thinks this is a "modest negative" for Gap (GPS) and Nordstrom (JWN). Yruma reiterates a Sector Weight rating on Amazon's shares.

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BWXT

BWX Technologies

$42.34

-1.849 (-4.18%)

07:58
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FMC

FMC Corporation

$81.25

-0.97 (-1.18%)

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  • 03

    Dec

LTHM

Livent

$17.80

-0.55 (-3.00%)

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EBAY

eBay

$28.10

-0.86 (-2.97%)

07:56
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  • 03

    Mar

GPI

Group 1 Automotive

$56.20

-1.13 (-1.97%)

07:55
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WIX

Wix.com

$91.30

2.83 (3.20%)

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  • 14

    Nov

IQ

iQIYI

$20.33

0.77 (3.94%)

, CBS

CBS

$57.02

-0.125 (-0.22%)

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IQ

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CBS

CBS

$57.02

-0.125 (-0.22%)

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NOVN

Novan

$2.50

-0.04 (-1.57%)

07:55
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07:55
Conference/Events
Novan to host business news update conference call »

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  • 14

    Nov

  • 27

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BBT

BB&T

$51.07

0.53 (1.05%)

07:55
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Conference/Events
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  • 14

    Nov

  • 18

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ESTA

Establishment Labs

$27.06

2.06 (8.24%)

07:54
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Establishment Labs analyst commentary  »

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ADRNY

Ahold Delhaize

$0.00

(0.00%)

07:53
11/14/18
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07:53
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Ahold Delhaize rating change  »

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NESRF

Northern Star Resources

07:52
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07:52
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07:52
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Northern Star Resources rating change  »

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GOOG

Alphabet

$1,036.33

-2.89 (-0.28%)

, GOOGL

Alphabet Class A

$1,048.54

-1.06 (-0.10%)

07:52
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GOOG

Alphabet

$1,036.33

-2.89 (-0.28%)

GOOGL

Alphabet Class A

$1,048.54

-1.06 (-0.10%)

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  • 28

    Nov

  • 03

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MCS

Marcus

$41.02

-0.03 (-0.07%)

07:51
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SFLY

Shutterfly

$55.01

-1.9 (-3.34%)

07:50
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TEN

Tenneco

$33.61

-0.04 (-0.12%)

, ADNT

Adient

$24.49

2.64 (12.08%)

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TEN

Tenneco

$33.61

-0.04 (-0.12%)

ADNT

Adient

$24.49

2.64 (12.08%)

APTV

Aptiv

$75.00

0.485 (0.65%)

AXL

American Axle

$11.58

-0.095 (-0.81%)

BWA

BorgWarner

$37.85

-0.04 (-0.11%)

DLPH

Delphi Technologies

$17.20

-0.13 (-0.75%)

GT

Goodyear Tire

$22.54

0.48 (2.18%)

LEA

Lear

$135.70

0.87 (0.65%)

MGA

Magna

$49.47

0.52 (1.06%)

VC

Visteon

$78.68

2.42 (3.17%)

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  • 14

    Nov

QRVO

Qorvo

$63.68

-0.12 (-0.19%)

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JEC

Jacobs Engineering

$74.64

-0.47 (-0.63%)

07:46
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  • 19

    Feb

AAP

Advance Auto Parts

$184.66

17.72 (10.61%)

07:46
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EXPI

eXp World Holdings

, RMAX

RE/MAX Holdings

$32.03

-0.19 (-0.59%)

07:45
11/14/18
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07:45
Recommendations
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EXPI

eXp World Holdings

RMAX

RE/MAX Holdings

$32.03

-0.19 (-0.59%)

03/08/13
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  • 12

    Dec

SCHW

Charles Schwab

$47.05

0.32 (0.68%)

07:45
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07:45
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07:45
General news
U.S. MBA mortgage market index sank 3.2% »

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AMRN

Amarin

$15.39

-4.44 (-22.39%)

07:43
11/14/18
11/14
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07:43
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Amarin rating change  »

Amarin upgraded to Buy…

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WIX

Wix.com

$91.30

2.83 (3.20%)

07:42
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Wix.com analyst commentary  »

Wix.com price target…

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  • 14

    Nov

DHXM

DHX Media

$2.14

0.185 (9.46%)

07:42
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DHX Media rating change  »

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