Nike withdraws annual forecast, signals weak holiday season
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
BofA Securities Reiterates Buy Rating on Nike (NKE)
October 2, 2024 6:59 AM EDTBofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $100.00 price target on Nike (NYSE: NKE).
The analyst comments "We forecast 3Q24 group revenue of $13.2bn, +15% YoY and EPS of $1.97, +14%. Our sales are marginally ahead of consensus, as we see a potential... More
Nike (NKE) PT Raised to $82 at UBS
October 2, 2024 6:53 AM EDTUBS analyst Jay Sole raised the price target on Nike (NYSE: NKE) to $82.00 (from $78.00) while maintaining a Neutral rating.
The analyst comments "The big risk is new CEO Elliott Hill lowers Street EPS expectations in a big way sometime during 1HCY25... More
Nike (NKE) PT Lowered to $82 at RBC Capital
October 2, 2024 6:30 AM EDTRBC Capital analyst Piral Dadhania lowered the price target on Nike (NYSE: NKE) to $82.00 (from $85.00) while maintaining a Sector Perform rating.
The analyst comments "1Q25 results confirm that Nike's product pivot will likely take longer than expected with 2Q25e guided... More
Nike (NKE) PT Lowered to $77 at JPMorgan
October 2, 2024 5:47 AM EDTJPMorgan analyst Matthew Boss lowered the price target on Nike (NYSE: NKE) to $77.00 (from $80.00) while maintaining a Neutral rating.
The analyst comments "Looking ahead, mgmt outlined 2Q25 guidance of revenues down 8-10% (... More
