B of A Securities Maintains Buy on Nike, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on Nike (NYSE:NKE) but lowers the price target from $113 to $104.
June 28, 2024 | 2:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Nike but lowers the price target from $113 to $104, indicating a positive outlook with some caution.
The Buy rating suggests continued confidence in Nike's performance, but the lowered price target indicates some caution about near-term growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100