DZ Bank Upgrades Nike to Buy, Announces $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
DZ Bank analyst Katharina Schmenger has upgraded Nike (NYSE:NKE) from Hold to Buy and set a price target of $130.
December 12, 2023 | 12:16 pm
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Nike's stock rating has been upgraded by DZ Bank from Hold to Buy with a new price target of $130.
Analyst upgrades typically lead to positive short-term sentiment in the market, potentially driving the stock price up. The new price target of $130 suggests a significant upside from the current trading price, indicating a bullish outlook for Nike.
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IMPORTANCE 90
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