Branded as well as private label merchandise provider Nordstrom’s (NYSE:JWN) CFO Anne Bramman has decided to vacate her role. While Bramman will stay on through the third quarter reporting to ensure a smooth transition, her last day with Nordstrom will be December 2.
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The company’s Senior Vice president and Chief of Accounting, Michael Maher will fill in Bramman’s shoes in the interim.
Further, Nordstrom has reaffirmed its outlook for the fiscal year 2022.
Is JWN a Buy, Hold, or a Sell?
Overall, consensus on the Street for JWN stock remains a Hold based on three Buys, seven Holds, and three Sells.
Further, the average Nordstrom price target of $21.82 points to a 13.47% potential upside in the stock.
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