Morgan Stanley Maintains Equal-Weight on Nike, Maintains $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton has maintained an Equal-Weight rating on Nike (NYSE:NKE) with a price target of $79.
September 20, 2024 | 1:29 pm
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Morgan Stanley analyst Alex Straton has maintained an Equal-Weight rating on Nike with a price target of $79, indicating a neutral stance on the stock.
The maintenance of an Equal-Weight rating and a $79 price target by Morgan Stanley suggests a neutral outlook on Nike's stock. This indicates that the analyst does not expect significant short-term price movement, either up or down, based on current information.
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