Nike Stock Now Trades 80% Below Its Record High -- Telsey Says Turnaround Has Yet To Lift Sales
Nike Inc. (NKE) shares traded around $36.30 on Tuesday, nearly 80% below their November 2021 record high, as Telsey Advisory cut its price target and said the company’s turnaround is progressing slowly, according to The Fly.Telsey Advisory Group lowered its Nike price target to $44 from $47 while m…
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