Telsey Advisory Group Maintains Outperform on Nike, Lowers Price Target to $135
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman maintains an Outperform rating on Nike (NYSE:NKE) but lowers the price target from $140 to $135.

June 21, 2023 | 9:12 am
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Telsey Advisory Group maintains an Outperform rating on Nike, but lowers the price target from $140 to $135.
The news of Telsey Advisory Group maintaining an Outperform rating on Nike indicates a positive outlook for the company. However, the lowering of the price target from $140 to $135 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100