Truist Securities Maintains Hold on Nike, Maintains $111 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Beth Reed maintains a Hold rating on Nike (NKE) and keeps the price target at $111.

March 19, 2024 | 4:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Nike with a $111 price target.
The maintenance of a Hold rating and a steady price target by a significant analyst like Truist Securities suggests no immediate positive or negative catalysts for Nike's stock price in the short term. The analyst's view likely reflects a balanced outlook on the company's current valuation and future prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100