Oppenheimer Upgrades Nike to Outperform, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel has upgraded Nike (NYSE:NKE) from Perform to Outperform and raised the price target from $110 to $120.

June 21, 2024 | 9:29 am
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Oppenheimer analyst Brian Nagel has upgraded Nike from Perform to Outperform and raised the price target from $110 to $120.
The upgrade from Perform to Outperform and the increased price target from $110 to $120 by a reputable analyst at Oppenheimer is likely to positively impact Nike's stock price in the short term. Such upgrades often lead to increased investor confidence and buying activity.
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