Nike's Forward March Hits Speed Bumps: Analyst Identifies Red Flags In SEC Filing
Portfolio Pulse from Surbhi Jain
JPMorgan analyst Matthew R. Boss highlights several concerns for Nike, including supply chain issues, declining sales in Greater China, and margin compression. Boss maintains a neutral rating with a $77 price target for December 2025, urging caution for investors.
October 09, 2024 | 4:12 pm
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JPMorgan analyst Matthew R. Boss identifies several challenges for Nike, including supply chain concerns, declining sales in Greater China, and margin compression. Boss maintains a neutral rating with a $77 price target for December 2025.
The analyst's report highlights significant issues for Nike, such as supply chain concerns, declining sales in a key market, and margin compression. These factors are likely to negatively impact Nike's stock price in the short term as investors react to these red flags.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100