Raymond James Maintains Outperform on Nike, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has maintained an Outperform rating on Nike (NYSE:NKE) and increased the price target from $121 to $130.
December 19, 2023 | 12:35 pm
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Raymond James analyst Rick Patel has reaffirmed Nike's Outperform rating and raised the price target to $130, indicating a positive outlook on the stock.
The increase in price target by Raymond James reflects a positive assessment of Nike's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100