UBS initiated coverage of Macy's M, JC Penney JCP, Saks SKS, Nordstrom JWN, and Kohl's KSS in a research note published today.
UBS initiated Nordstrom at Buy, with a $63 price target. UBS initiated Kohl's, JC Penney, Macy's, and Saks with Neutral ratings and price targets of $53, $36, $43, and $12 respectively.
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Posted In: Analyst ColorPrice TargetInitiationAnalyst RatingsConsumer DiscretionaryDepartment StoresUBS
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