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CFRA Downgrades Nike (NKE) to Sell, 'believe the multiple will trend back down to pre-pandemic levels as the company faces competition from brands like HOKA and On while it looks for new growth driver

December 22, 2023 8:15 AM
(Updated - December 22, 2023 8:16 AM EST)

CFRA analyst Zachary Warring downgraded Nike (NYSE: NKE) from Hold to ...

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