Morgan Stanley Maintains Equal-Weight on Nike, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton maintains an Equal-Weight rating on Nike and raises the price target from $79 to $82.
September 25, 2024 | 2:25 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Nike and increased the price target from $79 to $82, indicating a slightly more positive outlook.
The increase in price target from $79 to $82 by Morgan Stanley suggests a slightly more optimistic view on Nike's stock performance, which could positively influence investor sentiment and lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100