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Nordstrom (JWN +3.8%) gets a lift from better-than-expected May retail sales and a buy...

Nordstrom (JWN +3.8%) gets a lift from better-than-expected May retail sales and a buy initiation from Dorthy Lakner at Caris & Co. Citing efforts to increase its presence in designer goods, Lakner says the company should "benefit from the ramp-up in spending from affluent customers."
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