Telsey Advisory Group Reiterates Outperform on Nike, Maintains $128 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Nike (NYSE:NKE) and maintained a price target of $128.
September 29, 2023 | 9:33 am
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POSITIVE IMPACT
Nike's stock rating has been reiterated as 'Outperform' by Telsey Advisory Group, with a maintained price target of $128.
The reiteration of an 'Outperform' rating by a reputable analyst group like Telsey Advisory Group is a positive signal for Nike. The maintained price target of $128 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100