What Analysts Are Saying About Nike Stock
Portfolio Pulse from Benzinga Insights
26 analysts have shared their evaluations of Nike (NYSE:NKE) over the past three months, showing a mix of bullish and bearish perspectives. The average 12-month price target has dropped by 8.32% to $113.65. Recent analyst actions include several downgrades and lowered price targets.
June 10, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Nike (NYSE:NKE) has received mixed analyst ratings over the past three months, with a notable 8.32% drop in the average 12-month price target to $113.65. Several analysts have downgraded their ratings and lowered their price targets.
The mixed analyst ratings and significant drop in the average price target indicate a bearish short-term outlook for Nike. Multiple downgrades and lowered price targets suggest concerns about the company's near-term performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100