JWN, UHS and PGR are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
KeyBanc Capital Markets analyst Ashley Owens downgraded Nordstrom JWN from Overweight to Sector Weight.
JWN is set to expand its presence in New York with a new store in Holbrook, offering a diverse collection of high-quality brands at competitive prices.
Nordstrom (JWN) reported earnings 30 days ago. What's next for the stock?
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
JWN focuses on growth at the Nordstrom Rack banner. Digital efforts are also underway.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Nordstrom (JWN) and Deckers (DECK). But which of these two stocks presents investors with the better value opportunity right now?
JWN's digital moves seem robust. The company is focused on building momentum at the Rack banner.
Nordstrom (JWN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
I maintain a buy rating for Nordstrom (JWN) due to the favorable macro backdrop and positive margin outlook, despite the unlikely buyout acceptance. JWN's 2Q24 earnings showed 3.4% y/y growth, with adj EPS of $0.96 beating consensus, and a 160bps gross margin expansion to 36.6%. The buyout offer at $23 per share serves as a valuation floor.
JWN's special committee of the board of directors confirms proposal from Erik and Pete Nordstrom, along with Liverpool, to take the company private.