TD Cowen Maintains Hold on Nike, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Hold rating on Nike (NYSE:NKE) and lowers the price target from $75 to $71.
July 25, 2024 | 7:14 pm
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TD Cowen analyst John Kernan maintains a Hold rating on Nike and lowers the price target from $75 to $71.
The lowered price target from $75 to $71 suggests a less optimistic outlook for Nike's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100