JP Morgan Maintains Overweight on Nike, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Korn maintains an Overweight rating on Nike (NYSE:NKE) and raises the price target from $136 to $137.
September 29, 2023 | 10:19 am
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JP Morgan maintains an Overweight rating on Nike and raises the price target from $136 to $137, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100