Guggenheim Maintains Buy on Nike, Announces $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Robert Drbul maintains a Buy rating on Nike (NKE) and sets a price target of $130.

March 11, 2024 | 7:35 pm
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Guggenheim maintains a Buy rating on Nike with a new price target of $130.
The maintenance of a Buy rating by a reputable analyst like Robert Drbul, coupled with a significant price target of $130, suggests a strong bullish sentiment towards Nike. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100