ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages NIKE, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NKE

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Argus Reiterates Hold Rating on Nike (NKE)

July 1, 2024 1:10 PM EDT

Argus analyst John Staszak reiterated a Hold rating on Nike (NYSE: NKE).

The analyst comments " Weakening demand We remain concerned about Nikes $7.5 billion in inventory. The company will need to cut prices to clear this inventory, which will weigh on margins and earnings in... More