Morgan Stanley: lowered Nordstrom (NYSE:JWN) price target to $18 from $19
Morgan Stanley: Gives Nordstrom, Inc. (NYSE:JWN) an underweight rating and lowers its price target to $18 from $19. The company reported fourth-quarter results that exceeded the “reduced standard,” but fundamentals remain under pressure and earnings per share risk of a negative revision.
Morgan Stanley: lowered Nordstrom (NYSE:JWN) price target to $18 from $19 Read Post »