Nike Stock Got Downgraded Again. What to Buy Instead.
Citigroup became the latest firm to downgrade the athletic shoe company. It also upgraded Deckers Outdoor, the maker of Hoka.
1 Wall Street Analyst Thinks Nike Stock Is Going to $95. Is It a Buy?
BMO Capital analyst Simeon Siegel maintained an outperform (buy) rating on the stock. The analyst also raised the firm's price target from $92 to $95, implying 27% upside over the current $75 share price.
Citigroup Downgrades NIKE (NKE)
Fintel reports that on February 7, 2025, Citigroup downgraded their outlook for NIKE (NYSE:NKE) from Buy to Neutral. Analyst Price Forecast Suggests 24.76% Upside As of January 28, 2025, the average one-year price target for NIKE is $89.
Nike gets another downgrade as Citi points to turnaround challenges
Citi has downgraded Nike Inc.’s stock to neutral from buy, citing the challenges facing the sneaker maker as it attempts to get back on track.
3 Reasons to Buy Nike Stock Like There's No Tomorrow
New CEO Elliott Hill is another reason investors should buy the stock. Leadership is critical when sizing up any investment opportunity. In my opinion, so far, he's doing the right things to improve Nike's situation.
Nike Stock Gaps to 4-Year Lows After Downgrade
Citigroup downgraded Nike Inc (NYSE:NKE) stock to "neutral" from "buy," and lowered its price target to $72 from $102, with the firm citing a disappointing meeting with the retailer's CEO. The stock is down 3% to trade at $69.
Nike (NYSE:NKE) Takes a Hit From Analysts
Bad news hit for shoe titan Nike (NKE) as it came off on the bad end of an analyst report. Reports from CNBC noted Citi cut ...
NIKE’s (NKE) “Buy” Rating Reiterated at Needham & Company LLC
Needham & Company LLC reaffirmed their buy rating on shares of NIKE (NYSE:NKE – Free Report) in a research report report published on Friday,Benzinga reports. Needham & Company LLC currently has a $84 ...
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Nike's Rocky Road Continues: Price Target Slashed to this…
Share of Nike fell to their lowest level since March of 2020 after getting downgraded to neutral from a buy recommendation at Citigroup. Analysts at Citigroup also lowered their target price of the ...
Nike’s CEO was abruptly yanked out of retirement with one unexpected phone call
The 62-year-old was finally kicking up his feet after working a 30-years-stint at Nike, when he got the call to cut his ...
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Can Nike’s Share Price Cross the “Jordan” to New Record High?
According to market expectations, that earnings announcement due after US markets close on Thursday could move Nike’s share price by 5.5% either way when trading resumes on Friday. Nike has ...
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EXEC: Citi Downgrades Nike Shares, Cuts Price Target After Hill Meeting
On Thursday, February 6, Nike hosted a meet-and-greet for sell-side analysts with Hill, appointed CEO last September, and CFO ...
Nike: Price Pressure Is My Pleasure
Nike is a compelling investment opportunity with strong brand power, global distribution, and potential for a turnaround ...
Skechers USA Stock Slides Despite Being a “Better Investment” Than Nike
Skechers USA (SKX) may have been described as a better investment than Nike (NKE) today but it couldn’t help its share price running backwards ...