KeyBanc lowers Nike rating to Sector Weight on near-term uncertainty

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Nike (NKE) PT Lowered to $47 at JPMorgan

June 29, 2026 6:43 AM EDT

JPMorgan analyst Matthew Boss lowered the price target on Nike (NYSE: NKE) to $47.00 (from $52.00) while maintaining a Neutral rating.

The analyst comments "NKE is the global athletic market leader with diversification across product categories, geographies, and distribution, and while NKE has begun to... More