Freedom Broker Upgrades Nike (NKE) to Buy

Go back to Freedom Broker Upgrades Nike (NKE) to Buy

Investing.com’s stocks of the week

October 2, 2026 2:19 PM EDT

Investing.com -- Corporate upheaval drove much of the week's action, with a surprise CEO departure and takeover interest in a household name resulting in sharp moves.

Here are Investing.com's stocks of the week:

MongoDB

MongoDB plunged 18.5% on Monday and is currently on course to end the week down around 14.7% after President and CEO Chirantan Desai resigned with immediate effect to lead a new AI initiative at Meta Platforms.

Former chief executive Dev Ittycheria returns as interim CEO while the board searches for a permanent replacement. The company... More

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

Nike (NKE) PT Lowered to $33 at JPMorgan

October 2, 2026 8:33 AM EDT

JPMorgan analyst Matthew Boss lowered the price target on Nike (NYSE: NKE) to $33.00 (from $40.00) while maintaining a Underweight rating.... More

Nike (NKE) PT Lowered to $28 at Piper Sandler

October 2, 2026 8:26 AM EDT

Piper Sandler analyst Anna Andreeva lowered the price target on Nike (NYSE: NKE) to $28.00 (from $38.00) while maintaining a Neutral rating.

The analyst commented: "NKE missed F1Q27 revenues (first time in 7 quarters), with a slight beat to GM and EPS; Performance up HSD... More

KeyBanc on Nike (NKE): 'Pace Yourself for Another Transformation'

October 2, 2026 8:17 AM EDT

KeyBanc analyst Ashley Owens reiterated a Sector Weight rating on Nike (NYSE: NKE).

The analyst commented: "Pace Yourself for Another Transformation; 1Q mixed; FY27 guidance issued alongside multi-year operational transformation strategy, Pace. Results were driven by strength in Sports Offense, offset by weakness... More

Williams Trading Downgrades Nike (NKE) to Hold

October 2, 2026 8:11 AM EDT

(Updated - October 2, 2026 8:12 AM EDT)

Williams Trading analyst Sam Poser downgraded Nike (NYSE: NKE) from Buy to Hold with a price target of $30.00 (from $42.00).

The analyst comments "Downgrading NKE from Buy to Hold, lowering estimates, and reducing PT from $42... More

Nike (NKE) PT Lowered to $27 at Morgan Stanley

October 2, 2026 8:04 AM EDT

Morgan Stanley analyst Alex Straton lowered the price target on Nike (NYSE: NKE) to $27.00 (from $31.00) while maintaining a Underweight rating.... More

Nike (NKE) PT Lowered to $45 at Bernstein SocGen

October 2, 2026 7:38 AM EDT

Bernstein SocGen Group analyst Nick Anderson lowered the price target on Nike (NYSE: NKE) to $45.00 (from $68.00) while maintaining an Outperform rating.

The analyst commented: "Decks are cleared, now what? The biggest debate into Nikes Q1 print was whether the new... More