Bank of America maintains Buy rating on Nike with $84 price target, citing expectations of sales and margin recovery.
Nike's pricing power is anchored in its brand strength and technology, supported by a robust supply chain and distribution ...
CEO Elliott Hill reported tangible progress driven by "Win Now actions that focused our team on our culture, product, brand marketing, marketplace and our ground game." He emphasized momentum in ...
After a challenging period marked by shifting consumer behaviors and supply chain disruptions, the sportswear industry is witnessing a resurgence in demand, offering a glimpse of optimism for major ...
(Reuters) -Nike CEO Elliott Hill vowed to return the company to its sportswear roots when he took the helm last year in a much-touted change and his efforts are bearing fruit, but a sluggish recovery ...
Nike posted a surprise sales increase in its latest quarter on strength in North America, but cautioned that weakness in China may stymie some turnaround progress going forward. The sportswear brand ...
Moody’s Ratings downgraded Nike, Inc.’s debt ratings, based on the expectation that while Nike’s strategies will drive market share and profit margin recovery over time, the improvement will be slower ...
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Nike (NKE) Stock Trades Down, Here Is Why
What Happened? Shares of athletic apparel brand Nike (NYSE:NKE) fell 2.7% in the morning session after credit rating agency ...
Nike shares rose more than 6% on Wednesday. In recent years, rivals have chipped away at Nike Inc.'s dominance over the sneaker universe. But after the athletic-gear giant's longer-term financial ...
Wells Fargo analyst Ike Boruchow has upgraded Nike (NYSE: NKE) to Overweight from Equal Weight, raising the price target to $75 from $60 per share, saying the sneaker giant is finally showing clearer ...
Delving into the details, we found 20% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $2,231,162, and 5 were calls, valued ...
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