Telsey Advisory Group Maintains Outperform on Nike, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reaffirmed an Outperform rating on Nike (NYSE:NKE) and increased the price target from $128 to $140, signaling confidence in the company's future performance.
December 15, 2023 | 10:22 am
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Telsey Advisory Group has maintained an Outperform rating on Nike and raised the price target to $140, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a strong conviction in Nike's growth prospects, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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