Expert Outlook: Nike Through The Eyes Of 30 Analysts
Portfolio Pulse from Benzinga Insights
In the past three months, 30 analysts have provided ratings for Nike (NYSE:NKE), showing a range of perspectives from bullish to bearish. The average 12-month price target is $97.2, with a high of $120.00 and a low of $71.00. Analysts have decreased the average price target by 11.27%, indicating a negative shift in sentiment. Recent actions include both raises and lowers in ratings and price targets by various analysts.
August 16, 2024 | 6:00 pm
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NEGATIVE IMPACT
Nike has received mixed ratings from 30 analysts over the past three months, with a notable decrease in the average price target by 11.27%. This indicates a negative shift in sentiment.
The decrease in the average price target by 11.27% and the predominance of rating lowers suggest a negative short-term impact on Nike's stock price. Analysts' sentiment has shifted negatively, which could influence investor behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100