JWN•benzinga•
Nordstrom Balances Strong Holiday Sales And Competition, Analysts Highlight Margin Pressure
Summary
Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating for Nordstrom, setting a $24 price target. While showing strong momentum, Nordstrom faces potential gross margin pressure from competitive strategies.
Original Article
Read the full article from the original source for complete details and context.
Read Full ArticleArticle published on January 13, 2025 by benzinga