Stifel Maintains Hold on Nike, Lowers Price Target to $40
Stifel analyst Peter McGoldrick maintains Nike (NYSE:NKE) with a Hold and lowers the price target from $45 to $40.
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Why It Matters
A stock analyst still thinks Nike is okay to own, but expects lower prices ahead. This suggests the analyst sees some challenges for Nike in the coming months.
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.
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