Goldman Sachs Maintains Buy on Nike, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has maintained a 'Buy' rating on Nike (NYSE:NKE) but lowered the price target from $145 to $136.
September 29, 2023 | 10:22 am
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Goldman Sachs has maintained a 'Buy' rating on Nike but lowered the price target from $145 to $136.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential slowdown in growth or increased risk. However, as the rating is still 'Buy', the overall impact is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100