Nike (NKE) call put ratio 1.3 calls to 1 put inti quarter results
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Nike (NKE) PT Lowered to $100 at Telsey
June 28, 2024 7:22 AM EDTTelsey analyst Christina Fernandez lowered the price target on Nike (NYSE: NKE) to $100.00 (from $115.00) while maintaining a Outperform rating.
The analyst comments "Nikes 4QF24 result and lowered FY25 sales guidance is disappointing and reflects a broader slowdown in demand for Nike products, now spanning more heavily into the lifestyle footwear business, and steeper reductions in the supply of its three largest lifestyle franchisesAir Force 1, Air Jordan 1, and Dunkto preserve their long-term health. Nike... More
