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.
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Posted In: Analyst ColorAnalyst RatingsConsumer DiscretionaryDepartment StoresGoldman SachsNordstrom
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