Wedbush Reiterates Outperform on Nike, Maintains $115 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has reiterated an Outperform rating on Nike (NYSE:NKE) and maintained a $115 price target.

March 27, 2024 | 11:56 am
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Wedbush analyst Tom Nikic reiterates an Outperform rating on Nike and maintains a $115 price target.
The reiteration of an Outperform rating and the maintenance of a $115 price target by a reputable analyst like Tom Nikic from Wedbush is likely to instill confidence among investors and could positively influence Nike's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100