Williams Trading Downgrades Nike to Sell, Lowers Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
Williams Trading analyst Sam Poser downgrades Nike (NYSE:NKE) from Hold to Sell and lowers the price target from $120 to $95.
May 22, 2023 | 8:20 am
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Nike downgraded to Sell by Williams Trading, with a lowered price target of $95 from $120.
The downgrade from Hold to Sell and the lowered price target from $120 to $95 by Williams Trading analyst Sam Poser indicates a negative outlook for Nike's stock in the short term. This could lead to a decrease in the stock price as investors may react to the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100