Telsey Advisory Group Maintains Outperform on Nike, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating on Nike but lowered its price target from $100 to $96.
October 02, 2024 | 3:03 pm
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Telsey Advisory Group has maintained an 'Outperform' rating on Nike, indicating confidence in the company's performance, but has lowered the price target from $100 to $96, suggesting a slightly less optimistic outlook.
The 'Outperform' rating suggests continued confidence in Nike's performance, which is positive. However, the lowered price target indicates a slightly less optimistic view on the stock's potential upside, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100