New Nike CEO Hill gets his chance to lay out turnaround plan

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Nike (NKE) PT Lowered to $93 at Williams Trading

December 20, 2024 7:49 AM EST

Williams Trading analyst Sam Poser lowered the price target on Nike (NYSE: NKE) to $93.00 (from $97.00) while maintaining a Buy rating.

The analyst comments "Sales and margins will remain very challenged for the balance of FY25, as the marketplace is sanitized. Margin improvement,... More

Nike (NKE) PT Lowered to $90 at BofA Securities

December 20, 2024 5:50 AM EST

BofA Securities analyst Lorraine Hutchinson lowered the price target on Nike (NYSE: NKE) to $90.00 (from $95.00) while maintaining a Buy rating.

The analyst comments "In his first 60 days with the company, CEO Elliott Hill is taking swift action to reduce inventory to... More

Nike (NKE) PT Raised to $84 at Deutsche Bank

December 20, 2024 5:49 AM EST

Deutsche Bank analyst Krisztina Katai raised the price target on Nike (NYSE: NKE) to $84.00 (from $82.00) while maintaining a Buy rating.

The analyst comments "In what was a highly anticipated print, new Nike CEO Elliott Hill made his debut tonight, outlining a turnaround plan and answering the key question on investors'... More

Telsey Downgrades Nike (NKE) to Market Perform

December 20, 2024 5:24 AM EST

Telsey analyst Christina Fernandez downgraded Nike (NYSE: NKE) from Outperform to Market Perform with a price target of $80.00 (from $93.00).

The analyst comments "TAG View: We came away from Nike's 2QF25 callthe first one led by CEO Elliott Hillstill seeing... More