The value of Nordstrom, Inc. JWN shares have fallen about 15 percent over the past three months, and the Vetr community recently downgraded the company from 3.5 to 3 stars.
A poor first quarter earnings report in early May sent Nordstrom shares into a steady decline towards the $44.49 value it opened at on Tuesday.
See how crowd sourced ratings can help make predictions in the market?
Vetr members have given Nordstrom a Hold rating and $43.19 price target. This price target is slightly lower than the $46.98 price target from Street analysts.
Of all Vetr raters, one third believe that Nordstrom shareholders should sell the stock.
See Vetr’s full analysis on Nordstrom here.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.