Nordstrom Off-Price, Digital Channels Lift Potential: Telsey

The Street

Nordstrom (JWN) - Get Report shares jumped Monday after analysts at Telsey upgraded the department-store retailer’s stock to outperform from market perform with a $17 price target.

Analyst Dana Telsey sees Nordstrom as positioned to gain profitable market share as it is bolstered by a strong balance sheet.

To view the full article, please click on the following link

Visit Content