Nike (NKE) PT Lowered to $50 at Guggenheim

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Go back to Nike (NKE) PT Lowered to $50 at Guggenheim

Nike (NKE) PT Lowered to $19 at BNP Paribas Exane, 'The only positive we see is that Nike will cede $4bn of revenues to emerging brands'

October 2, 2026 9:38 AM EDT

BNP Paribas Exane analyst Laurent Vasilescu lowered the price target on Nike (NYSE: NKE) to $19.00 (from $23.00) while maintaining a Underperform rating.

The analyst comments "With 1Q27 results, Nike introduced FY27 guidance with revs down HSD and adjusted EPS of $1.15- $1.35, worse than feared.... More