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Market Updates: Goldman Sachs (NYSE:GS), Nordstrom (NYSE:JWN), Google (NASDAQ:GOOG), PNC Financial (NYSE:PNC)
Goldman Sachs (NYSE:GS) analysts on Wednesday cut their rating on retailer Nordstrom (NYSE:JWN) to neutral from buy and lowered their 2011 earnings target for the company to $3.10 a share from $3.16 a share. "Slowing same-store sales combined with continued investments to differentiate its offering could weigh on near-term results," the company said. -MarketWatch Web giant Google (NASDAQ:GOOG) has finally launched its new Google Flights website based on software that it acquired through its buyout of travel software firm ITA Software. People who use the new site can search results based on travel time and cost. Google said that these results are free of any commercial ties Google has to travel companies. Once the flight a user wants . . . → Read More: Market Updates: Goldman Sachs (NYSE:GS), Nordstrom (NYSE:JWN), Google (NASDAQ:GOOG), PNC Financial (NYSE:PNC)
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