Nike (NKE) Stock Falls On a Revenue Miss and Slashed FY Sales Outlook, Analysts Bullish Despite NT Supply Chain Challenges
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
Nike (NKE) PT Lowered to $176 at Telsey
September 24, 2021 5:08 AM EDTTelsey analyst Christina Fernandez lowered the price target on Nike (NYSE: NKE) to $176.00 (from $180.00) while maintaining a Outperform rating.... More
Nike (NKE) PT Lowered to $201 at Morgan Stanley
September 24, 2021 2:53 AM EDTMorgan Stanley analyst Kimberly Greenberger lowered the price target on Nike (NYSE: NKE) to $201.00 (from $221.00) while maintaining a Overweight rating.... More
Nike warns on holiday delays, cuts full-year sales estimate
September 23, 2021 4:26 PM EDTBy Uday Sampath Kumar and Richa Naidu
(Reuters) -Nike Inc on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it with soaring freight costs and products stuck in transit.
Months-long factory closures in Vietnam, where about half of all Nike footwear is manufactured, have piled more pressure on global supply chains already reeling from the impact of the pandemic.
The Beaverton, Oregon-based company's shares, which are down about 9% from their record high hit in August, fell 3.3% in extended... More
