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Wells Fargo Maintains Nike at Equal-Weight

Wells Fargo has maintained its Equal-Weight rating on Nike.

NKE

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02:58:14 PM UTC
SquawkNews
Truist Securities maintained their Hold rating on Nike's stock with a price target of $29.00.The price target implies a downside of 17.5% from the Oct 1 close of $35.15.Key takeaways from the analyst noteWeak Performance in Key Segments: Nike's guidance for FY27 indicates expected revenue declines…