Deutsche Bank Maintains Buy on Nike, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Krisztina Katai maintains a Buy rating on Nike but lowers the price target from $95 to $92.
October 02, 2024 | 5:16 pm
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NEUTRAL IMPACT
Deutsche Bank has reaffirmed its Buy rating on Nike, indicating continued confidence in the company's performance. However, the price target has been slightly reduced from $95 to $92, suggesting a more cautious outlook.
The reaffirmation of the Buy rating suggests confidence in Nike's performance, which is positive. However, the slight reduction in the price target indicates a more cautious approach, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100