This Is What Whales Are Betting On Nike
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Nike (NYSE:NKE), with 54% of investors opening trades with bullish expectations and 45% with bearish. The investor has been targeting a price range from $70.0 to $130.0 for Nike over the last 3 months. The price of NKE is up 0.04% at $94.6. TD Cowen, Morgan Stanley, Deutsche Bank, and Goldman Sachs have maintained their positive ratings on Nike, while Guggenheim has downgraded its action to Buy.
October 03, 2023 | 1:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
A significant investor has taken a bullish stance on Nike, with a targeted price range from $70.0 to $130.0. The price of NKE is up 0.04% at $94.6. Positive ratings have been maintained by several banks.
The bullish stance taken by a significant investor, along with the positive ratings maintained by several banks, indicates a positive short-term impact on Nike's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100