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Nike (NKE) PT Lowered to $92 at Deutsche Bank
July 3, 2024 5:17 AM EDTDeutsche Bank analyst Krisztina Katai lowered the price target on Nike (NYSE: NKE) to $92.00 (from $115.00) while maintaining a Buy rating.
The analyst comments "We approached NKE's turnaround acknowledging that patience will be required. 4Q's results and the steeper-than-expected FY25 sales revision showcased that... More
Argus Reiterates Hold Rating on Nike (NKE)
July 1, 2024 1:10 PM EDTArgus 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

