RBC Capital Maintains Sector Perform on Nike, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Piral Dadhania maintains a Sector Perform rating on Nike and lowers the price target from $85 to $82.
October 02, 2024 | 2:30 pm
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RBC Capital has maintained its Sector Perform rating on Nike but has lowered the price target from $85 to $82, indicating a slightly less optimistic outlook.
The lowering of the price target by RBC Capital suggests a slightly less optimistic view on Nike's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on the new target.
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