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Fashion specialty retailer Nordstrom, Inc. ( JWN ) on Friday caught some mixed commentary from analysts at Deutsche Bank.

The firm maintained its "Buy" rating on JWN but lowered its price target from $63 to $62. That new target suggests a 20% upside to the stock's Thursday closing price of $51.53.

A Deutsche Bank analyst commented, "Nordstrom, once again, produced the best comp in our universe - up 8.1% in June - well ahead of our 5.0% view and consensus of only 4.4%. All segments performed well with the multi-channel rising 8.5% and Rack up 8.2%. We are raising our 2Q12 SSS and EPS to 2.8% (includes neg. 4% comp in July) and $0.74 (up from $0.73), on the better the expected performance."

Still, the firm lowered its full-year 2013 earnings outlook for the company from $4.20 to $4.10 per share.

Nordstrom shares were unchanged in premarket trading Friday.

The Bottom Line
Nordstrom currently offers a 2.1% dividend yield, based on last night's closing price of $51.53 and the company's annualized dividend payout of $1.08 per share.

Nordstrom, Inc. ( JWN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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