Citigroup Maintains Neutral on Nike, Lowers Price Target to $32
Citigroup analyst Paul Lejuez maintains Nike (NYSE:NKE) with a Neutral and lowers the price target from $39 to $32.
Stocks · News reference
Goldman Sachs Maintains Neutral on Nike, Lowers Price Target to $30
Goldman Sachs analyst Brooke Roach maintains Nike (NYSE:NKE) with a Neutral and lowers the price target from $38 to $30.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Morgan Stanley Maintains Underweight on Nike, Lowers Price Target to $27
Morgan Stanley analyst Alex Straton maintains Nike (NYSE:NKE) with a Underweight and lowers the price target from $31 to $27.
Nike Just Reported Earnings. Here's What Investors Need to Know.
Nike reported disappointing Q1 earnings with revenue declining 4% to $11.2 billion and missing analyst expectations. The company forecasted high single-digit revenue declines for the full fiscal year due to oversupply issues in Jordan brand, sportswear, and Greater China. CEO Elliott Hill's turnaround strategy, now in its third year, has failed to materialize, raising questions about his tenure as profits hit decade lows.