Bernstein SocGen Group Reiterates Outperform Rating on Nike (NKE)
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UBS Reiterates Neutral Rating on Nike (NKE)
October 15, 2024 7:31 AM EDTUBS analyst Jay Sole reiterated a Neutral rating and $82.00 price target on Nike (NYSE: NKE)
The analyst comments "Since Nike made its CEO change announcement, the market has likely been wondering who new CEO Elliott Hill is, what he brings to... More
Piper Sandler Reiterates Neutral Rating on Nike (NKE)
October 11, 2024 7:24 AM EDTPiper Sandler analyst Anna Andreeva reiterated a Neutral rating and $80.00 price target on Nike (NYSE: NKE).
The analyst commented, "This week we hosted an expert call on NKE regarding the NKE CEO Transition--What Do We Know About Elliott Hill? Our learnings... More
Nike (NKE) Appoints Tom Peddie as VP, GM of North America Geography
October 10, 2024 5:02 PM EDTNIKE, Inc. (NYSE: NKE) announces Tom Peddie will become Vice President, General Manager of the North America Geography, succeeding Scott Uzzell, who has decided to leave Nike.
Im excited to welcome Tom Peddie back to North America. No one is more... More
Truist upgrades Nike stock to Buy, says new management can reignite interest
October 10, 2024 10:37 AM EDTInvesting.com -- Analysts at Truist Securities have upgraded Nike (NYSE: NKE) stock to Buy, a move driven by optimism around recent leadership changes.
The price target has also been raised to $97 from $83, reflecting more than 17% upside from Nikes current trading price.
While acknowledging that Nike's turnaround may be a long and uncertain process, Truist analysts believe the new management, including the return of long-time veterans like... More
GXO Logistics shares rise premarket as group reportedly mulls takeover interest
October 10, 2024 6:44 AM EDTInvesting.com --Â Shares in GXO Logistics (NYSE: GXO) rose more than 5% in premarket US trading on Thursday following a Reuters report that the logistics services provider is exploring a possible sale after receiving takeover interest.
A spin-off of trucking group XPO, GXO is working with a financial advisor to assess possible acquisition requests, including... More
Truist Securities Upgrades Nike (NKE) to Buy
October 10, 2024 6:02 AM EDTTruist Securities analyst Joseph Civello upgraded Nike (NYSE: NKE) from Hold to Buy with a price target of $97.00 (from $83.00).
The analyst comments "We have been cautious on Nike since our launch in the Fall23. While we still view a turnaround process as... More
