Peeling Back The Layers: Exploring Nike Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Nike (NYSE:NKE) in the latest quarter, with a notable decline in the average 12-month price target from $112.86 to $100.17. Most analysts have lowered their price targets, reflecting cautious sentiment towards the stock.
July 03, 2024 | 12:00 pm
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Nike has received mixed ratings from analysts, with a significant number lowering their price targets. The average 12-month price target has dropped from $112.86 to $100.17, indicating a cautious outlook on the stock.
The majority of analysts have lowered their price targets for Nike, reflecting a cautious sentiment. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100