UPDATE: Seaport Global Securities Downgrades Nike (NKE) to Neutral, 'we don’t believe NKE’s relative multiple is justified'
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Nike (NKE) PT Lowered to $140 at Telsey
June 22, 2022 5:26 AM EDTTelsey analyst Christina Fernandez lowered the price target on Nike (NYSE: NKE) to $140.00 (from $170.00) while maintaining a Outperform rating.... More
Nike (NKE) PT Lowered to $123 at Citi
June 22, 2022 5:09 AM EDTCiti analyst Paul Lejuez lowered the price target on Nike (NYSE: NKE) to $123.00 (from $157.00) while maintaining a Neutral rating.... More
UPDATE: BofA Securities Lays Out Recession Scenario for Nike (NKE) PT to $122
June 22, 2022 5:08 AM EDT(Updated - June 22, 2022 8:56 AM EDT)
BofA Securities analyst Lorraine Hutchinson lowered the price target on Nike (NYSE: NKE) to $122.00 (from $125.00) while maintaining a Neutral rating on macro uncertainty while laying out a recession scenario for the company.
The analyst stated "BAC... More
Nike (NKE) PT Lowered to $140 at Barclays
June 21, 2022 12:26 PM EDTBarclays analyst Adrienne Yih lowered the price target on Nike (NYSE: NKE) to $140.00 (from $161.00) while maintaining a Overweight rating.... More