Nike shares jump 8% after CEO change

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BofA Securities Reiterates Buy Rating on Nike (NKE)

September 20, 2024 9:34 AM EDT

BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $104.00 price target on Nike (NYSE: NKE).

The analyst comments "Nike's recent financial and stock underperformance left it in need of a shakeup, and we view this change positively. NKE announced that Elliott Hill... More

Nike (NKE) PT Raised to $95 at Wells Fargo

September 20, 2024 5:35 AM EDT

Wells Fargo analyst Kate Fitzsimons raised the price target on Nike (NYSE: NKE) to $95.00 (from $86.00) while maintaining a Overweight rating.

The analyst comments "AMC, NKE announced that CEO John Donahoe will be stepping down, handing the reins to former NKE exec... More

Nike (NKE) PT Raised to $110 at Evercore ISI

September 20, 2024 5:25 AM EDT

Evercore ISI analyst Michael Binetti raised the price target on Nike (NYSE: NKE) to $110.00 (from $105.00) while maintaining a Outperform rating.

The analyst comments "We Still Expect Tension for the Stock: This turnaround will be complexand will take time. In the near-term, our... More