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JWN

Nordstrom

$60.83

-1.16 (-1.87%)

, INTU

Intuit

$217.66

1.65 (0.76%)

12:23
08/29/18
08/29
12:23
08/29/18
12:23

Nordstrom names Brad Smith as chairman of board of directors

Nordstrom (JWN) announced board director Brad Smith will take on the additional role of chairman of the company's board of directors, effective November 1. Smith joined the company's board in 2013 and recently announced his transition at the end of 2018 from CEO and chairman to executive chairman of Intuit (INTU). Phil Satre, current chairman of the board, will continue to serve on the company's board where he was first appointed in 2006 and has been chairman since 2016.

JWN

Nordstrom

$60.83

-1.16 (-1.87%)

INTU

Intuit

$217.66

1.65 (0.76%)

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JWN Nordstrom
$60.83

-1.16 (-1.87%)

08/17/18
UBSW
08/17/18
NO CHANGE
Target $73
UBSW
Buy
UBS says conviction in Nordstrom increasing following Q2 results
UBS analyst Jay Sole said the Nordstrom Q2 beat and raise results increased his conviction in his buy rating. The analyst noted the company raised its EBIT guidance and he believes this represents signs of an early EBIT margin inflection. He said the Q2 results are likely a first step in multi-year improvement process. Sole reiterated his Buy rating and raised his price target to $73 from $69 on Nordstrom shares.
08/17/18
NOMU
08/17/18
NO CHANGE
Target $59
NOMU
Neutral
Nordstrom price target raised to $59 from $54 at Nomura Instinet
Nomura analyst Simeon Siegel maintained a Neutral rating on Nordstrom but raised his price target for shares to $59 from $54, telling investors in a research note that the retailer showed strength at its high and low end in Q2. Siegel says that with a quarter of "moving pieces," gross margin was "noisy" but strong, which layered onto a raised FY EPS guide and his belief that EPS has material upside from an unappreciated buyback plan could drive shares higher.
08/17/18
RBCM
08/17/18
NO CHANGE
Target $55
RBCM
Sector Perform
Nordstrom price target raised to $55 from $49 at RBC Capital
RBC Capital analyst Brian Tunick raised his price target on Nordstrom to $55 and kept his Sector Perform rating after its "very solid" Q2 earnings report that showed a "notable acceleration" in comps along with margin improvement. The analyst adds that he is encouraged by the company's e-commerce growth, with "improvements in off-price" contributing to the best comps in 3 years. Tunick expects the positive comps and merchandise margin trends to be sustained.
08/27/18
TIGR
08/27/18
NO CHANGE
TIGR
Buy
Nordstrom continues to differentiate itself as leading retailer, says Tigress
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Nordstrom, saying the company "continues to differentiate itself as a leading retailer." Feinseth was optimistic about Nordstrom's emphasis on service, its enhanced digital platform, the differentiation in its product offerings, its focus on enhancing its customer shopping experience, and the key acquisitions and investments the company has made to enhance its e-commerce and digital service capabilities. The analyst also noted that Nordstrom continues to enhance shareholder returns through an above-average dividend yield and increasing share repurchases.
INTU Intuit
$217.66

1.65 (0.76%)

08/24/18
OPCO
08/24/18
NO CHANGE
Target $224
OPCO
Outperform
Intuit price target raised to $224 from $206 at Oppenheimer
Oppenheimer analyst Scott Schneeberger raised his price target for Intuit to $224 citing the company's "strong" Q4 results and "compelling" fiscal 2019 outlook. The analyst says that while CEO Brad Smith will be missed, he anticipates a smooth transition. Sasan Goodarzi is also well regarded and qualified for the role via his stints running each of Intuit's major businesses, Schneeberger tells investors in a post-earnings research note. The analyst keeps an Outperform rating on Intuit.
08/24/18
FBCO
08/24/18
NO CHANGE
Target $230
FBCO
Outperform
Intuit price target raised to $230 from $215 at Credit Suisse
Credit Suisse analyst Brad Zelnick raised his price target for Intuit to $230 citing the company's better than expected Q4 results, that he believes were overshadowed by news that Brad Smith will step down as CEO at the end of the year. The analyst sees Sasan Goodarzi as an "ideal replacement" and reiterates an Outperform rating on Intuit.
08/24/18
RBCM
08/24/18
NO CHANGE
Target $230
RBCM
Sector Perform
Intuit price target lowered to $230 from $240 at RBC Capital
RBC Capital analyst Ross MacMillan lowered his price target on Intuit to $230 and kept his Sector Perform rating after its Q4 results, citing the company's shift in guidance to ASC606 format which may reduce estimates as well as its announced change in CEO. MacMillan still sees Intuit's overall fundamentals as "solid", noting that his recent analysis points to FY19 consumer tax growth of 10%.
08/27/18
WELS
08/27/18
NO CHANGE
Target $235
WELS
Outperform
Intuit price target raised to $235 from $215 at Wells Fargo
Wells Fargo analyst Siti Panigrahi raised his price target for Intuit to $235 from $215 following a "strong" Q4 and "impressive" guidance. The analyst reiterates an Outperform rating on the shares.

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AMD

AMD

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, INTC

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FSNN

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PRK

Park National

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STNE

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GPIC

Gaming Partners

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SCHW

Charles Schwab

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12:45
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General news
Breaking General news story  »

Week of 4/19 Baker-Hughes…

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