Nike shares drop as investors fret over murky turnaround timeline
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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
