Analyst Expectations for Nike's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Nike (NYSE:NKE) within the last quarter, with the majority being somewhat bullish. The average price target given by these 18 analysts is $122.09, which is higher than the current price of Nike at $110.37. However, this average represents a 3.42% decrease from the previous average price target of $126.41.
June 30, 2023 | 9:01 pm
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Analysts are somewhat bullish on Nike, with an average price target of $122.09, indicating potential upside from the current price of $110.37. However, this is a decrease from the previous average price target.
The majority of analysts are somewhat bullish on Nike, indicating a positive sentiment towards the stock. The average price target given by these analysts is higher than the current price, suggesting potential upside. However, the decrease from the previous average price target could indicate a less optimistic outlook compared to before.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100