Barclays Maintains Equal-Weight on Nike, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Nike and raises the price target from $80 to $84.

September 18, 2024 | 4:10 pm
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Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Nike and raises the price target from $80 to $84, indicating a slightly positive outlook.
The increase in the price target from $80 to $84 suggests a slightly positive outlook for Nike's stock, although the Equal-Weight rating indicates a neutral stance relative to the market. This could lead to a modest positive impact on Nike's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100