Goldman Sachs Maintains Buy on Nordstrom (JWN)

Goldman Sachs is out with its report today on Nordstron JWN, maintaining Buy. In a note to clients, Goldman Sachs writes, "While the stock has had a strong run over the past 6 weeks, it has recently given back some of that performance despite stronger 'Mapril' comps. Given that we expect JWN to check all boxes of better sales, margins and a guidance raise, we would be buyers into the print." At the time of posting, shares of JWN were trading at $47.34, down 0.11% from Friday's close.