Check Out What Whales Are Doing With NKE
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Nike (NYSE:NKE), with 70% of big-money traders being bullish and 30% bearish. Whales have been targeting a price range of $85 to $110 for Nike over the last 3 months. Williams Trading downgraded Nike to Sell with a price target of $95, while Wells Fargo maintained their Overweight rating with a price target of $138.
June 07, 2023 | 7:33 pm
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A large investor has taken a bullish stance on Nike, with 70% of big-money traders being bullish and 30% bearish. Whales have been targeting a price range of $85 to $110 for Nike over the last 3 months.
The bullish stance taken by a large investor, along with the 70% bullish sentiment among big-money traders, indicates a positive short-term impact on Nike's stock price. The price targets ranging from $85 to $110 also support this positive outlook. However, differing analyst ratings from Williams Trading and Wells Fargo may create some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100