Erste Group Downgrades Nike to Hold
Portfolio Pulse from Benzinga Newsdesk
Erste Group has downgraded Nike (NYSE:NKE) from Buy to Hold.
September 08, 2023 | 3:44 pm
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NEGATIVE IMPACT
Nike's stock has been downgraded from Buy to Hold by Erste Group.
The downgrade from Buy to Hold by Erste Group indicates a less optimistic outlook for Nike's stock. This could potentially lead to a decrease in demand for the stock, and subsequently, a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100