WNBA Legend Sheryl Swoopes Joins DICK'S Sporting Goods and Nike for Third Annual It’s Her Shot Tour Designed To Empower Young Female Athletes To Take Their Place on the Court

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Go back to WNBA Legend Sheryl Swoopes Joins DICK'S Sporting Goods and Nike for Third Annual It’s Her Shot Tour Designed To Empower Young Female Athletes To Take Their Place on the Court

BofA's Nike (NKE) China bull case implies 10% FY24 EPS upside

May 12, 2023 8:02 AM EDT

BofA analyst Lorraine Hutchinson told investors in a note Friday that Nike (NYSE: NKE) sales in China have picked up.

The analyst, who reiterated a Neutral rating and $135 price target on Nike shares, explained that with China's reopening "such a critical part of the Nike catalyst path," Taobao/Tmall (T/T) trends can provide valuable insights into brand momentum in the China e-commerce channel.

Taobao and... More