Evercore ISI Cuts Nike Price Target to $28 From $34
Evercore ISI Group has reduced its price target for Nike (NKE) to $28.00 per share from $34.00.
Story updates
01:35:53 PM UTC
SquawkNews
RBC Capital reiterated their Sector Perform rating on Nike's stock with a price target of $40.00.The price target implies an upside of 13.8% from the Oct 1 close of $35.15.Key takeaways from the analyst noteReduced Forward-Looking Expectations: Nike's recent FY27E guidance indicates high single-dig…