Nordstrom remains a strong player in the retail world despite the ongoing retail apocalypse.
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Nordstrom is 'best-of-breed' (JWN)
The company is doing well in the midst of the retail apocalypse.
Uno, a 15-inch beagle, poses with handler Aaron Wilkerson after winning Best in Show at the 132nd Westminster Kennel Club Dog Show at Madison Square Garden in New York.
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In a note out to clients on Friday, a group of analysts led by Michael Binetti praised the company for strong performance amid its industry's troubles. The bank said a sell-off in the stock on Thursday was an "over reaction" by the market.
Both Credit Suisse and UBS are bullish on Nordstrom. Credit Suisse has a $52 price target for the stock, and UBS thinks the stock will go to $51. Both targets are above the firm's current stock price of $41.92.
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