UBS Maintains Neutral on Nike, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Nike (NYSE:NKE) and raises the price target from $78 to $82.
October 02, 2024 | 2:02 pm
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UBS analyst Jay Sole maintains a Neutral rating on Nike but raises the price target from $78 to $82, indicating a slightly more optimistic outlook.
The increase in the price target from $78 to $82 suggests a slightly more positive outlook on Nike's stock performance, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
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