Market Overview

UPDATE: UBS Initiates Retail Coverage: Macy's, JC Penney, Saks, Nordstrom, Kohl's

UBS initiated coverage of Macy's (NYSE: M), JC Penney (NYSE: JCP), Saks (NYSE: SKS), Nordstrom (NYSE: JWN), and Kohl's (NYSE: 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.

Posted-In: UBSAnalyst Color Price Target Initiation Analyst Ratings

 

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