Deutsche Bank Maintains Buy on Nike, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Krisztina Katai maintains a Buy rating on Nike (NYSE:NKE) but lowers the price target from $115 to $92.

July 03, 2024 | 10:29 am
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Deutsche Bank analyst Krisztina Katai maintains a Buy rating on Nike but lowers the price target from $115 to $92.
The maintained Buy rating suggests continued confidence in Nike's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100