Truist Securities Reiterates Hold on Nike, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated a Hold rating on Nike, maintaining a price target of $85.
September 25, 2024 | 3:09 pm
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Truist Securities has reiterated a Hold rating on Nike, maintaining a price target of $85. This suggests a neutral outlook on the stock's short-term performance.
The reiteration of a Hold rating and maintenance of the $85 price target by Truist Securities indicates that the analyst does not expect significant short-term movement in Nike's stock price. This suggests a neutral outlook, as there is no change in the rating or target price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100