Check Out What Whales Are Doing With NKE
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Nike (NYSE:NKE), with 78% of recent trades being bearish. The targeted price range for Nike over the last 3 months has been $90.0 to $135.0. The current price of NKE is $103.33, up 0.64%. Several financial firms have maintained or upgraded their ratings on Nike, with price targets ranging from $92 to $121.
October 23, 2023 | 7:31 pm
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A significant investor has taken a bearish stance on Nike, which may impact the stock's performance. The current price of NKE is $103.33, up 0.64%.
The bearish stance taken by a significant investor, along with the high percentage of bearish trades, could potentially drive the stock price down. However, several financial firms have maintained or upgraded their ratings on Nike, which could counteract this effect.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100