Raymond James Downgrades Nike to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has downgraded Nike (NYSE:NKE) from Outperform to Market Perform.
June 28, 2024 | 2:19 pm
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Raymond James analyst Rick Patel has downgraded Nike from Outperform to Market Perform, indicating a less optimistic outlook on the stock's performance.
The downgrade from a reputable analyst at Raymond James suggests a less favorable view on Nike's near-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100