Oppenheimer Maintains Outperform on Nike, Maintains $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel maintains an Outperform rating on Nike (NYSE:NKE) with a $120 price target.
June 28, 2024 | 11:55 am
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Oppenheimer analyst Brian Nagel has reiterated an Outperform rating for Nike, maintaining a price target of $120. This suggests confidence in Nike's performance and potential for stock price appreciation.
The reaffirmation of an Outperform rating and a $120 price target by a reputable analyst like Brian Nagel from Oppenheimer indicates strong confidence in Nike's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in Nike's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100