RBC Capital Maintains Sector Perform on Nike, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Piral Dadhania maintains a Sector Perform rating on Nike (NYSE:NKE) but lowers the price target from $100 to $75.
July 03, 2024 | 1:17 pm
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RBC Capital analyst Piral Dadhania maintains a Sector Perform rating on Nike but lowers the price target from $100 to $75.
The lowered price target from $100 to $75 by RBC Capital suggests a less optimistic outlook for Nike's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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