NKE Stock Heads For Another Month In The Red: Jefferies Bets On Nike's Recovery, Sees A Q1 Earnings Beat
Nike Inc. (NKE) is heading for a second straight monthly decline, but Jefferies sees a potential turnaround ahead. Analyst Randal Konik expects fiscal first-quarter (Q1) 2027 revenue and earnings to top Wall Street estimates, while November’s investor day could provide another catalyst as Nike work…