Nike's next CEO Hill brings a bootstraps mentality
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September 20, 2024 9:34 AM EDT
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $104.00 price target on Nike (NYSE: NKE).
The analyst comments "Nike's recent financial and stock underperformance left it in need of a shakeup, and we view this change positively. NKE announced that Elliott Hill... More
September 20, 2024 5:35 AM EDT
Wells Fargo analyst Kate Fitzsimons raised the price target on Nike (NYSE: NKE) to $95.00 (from $86.00) while maintaining a Overweight rating.
The analyst comments "AMC, NKE announced that CEO John Donahoe will be stepping down, handing the reins to former NKE exec... More
September 20, 2024 5:25 AM EDT
Evercore ISI analyst Michael Binetti raised the price target on Nike (NYSE: NKE) to $110.00 (from $105.00) while maintaining a Outperform rating.
The analyst comments "We Still Expect Tension for the Stock: This turnaround will be complexand will take time. In the near-term, our... More
