TD Cowen Maintains Hold on Nike, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Hold rating on Nike (NYSE:NKE) but lowers the price target from $89 to $75.
June 28, 2024 | 11:54 am
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TD Cowen analyst John Kernan maintains a Hold rating on Nike but lowers the price target from $89 to $75.
The lowered price target from $89 to $75 suggests a less optimistic outlook for Nike's stock performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
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