Nike (NKE) PT Lowered to $124 at Cowen Into Results on FX

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Go back to Nike (NKE) PT Lowered to $124 at Cowen Into Results on FX

Nike's (NKE) China Recovery a Concern, But Analyst Confident in the Near-Term

September 12, 2022 1:12 PM EDT

Analysts at both Cowen and UBS released notes on Nike (NYSE: NKE) Monday, highlighting macro concerns such as China headwinds and supply chain issues.

Nike shares are up 1.3% at the time of writing.

Cowen analyst John Kernan maintained an Outperform rating but cut the firm's price target on Nike to... More