Nike (NKE) PT Lowered to $125 at BofA Securities

Go back to Nike (NKE) PT Lowered to $125 at BofA Securities

Nike (NKE) cut at CFRA Research as 'company faces competition'

December 22, 2023 10:26 AM EST

Nike (NYSE: NKE) was cut to Sell from Hold at CFRA Research on Friday, following the company's latest earnings release, which resulted in its shares tumbling over 11%.

The firm maintained a $91 per share price target on the stock, and its FY 24 and FY 25 EPS... More