Stifel cuts Nike price target to $40, maintains Hold
Stifel analyst Peter McGoldrick lowered Nike’s price target to $40 from $45 and kept a ‘Hold’ rating. The firm trimmed FY27 and FY28 adjusted EPS estimates by $0.20 each, citing expected greater promotional activity in Western markets.
Stifel analyst Peter McGoldrick lowered Nike’s price target to $40 from $45 and kept a ‘Hold’ rating on the shares. 20 each. Stifel expects greater promotional activity in Western markets and a mo…