KeyBanc Capital Markets analyst Ashley Owens downgraded Nordstrom JWN from Overweight to Sector Weight. The analyst highlights several encouraging key priorities, including improvements in the Nordstrom banner, identification of operational efficiencies, and continued in Rack growth. Sell-through during the second quarter's anniversary sale met expectations, while regular-price sales and increased customer visits reflect solid brand positioning. With over 50% of revenue and approximately 60% of profit still ...