UBS Maintains Neutral on Nike, Lowers Price Target to $42
UBS analyst Jay Sole maintains Nike (NYSE:NKE) with a Neutral and lowers the price target from $48 to $42.
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Why It Matters
An expert analyst still thinks Nike is okay, but expects lower stock prices soon. This suggests Nike might struggle to grow faster or earn more money right now.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.