News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Nike stock is downgraded to Underweight with J.P. Morgan estimating the company could face a $1 billion headwind in China.
JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has been downgraded by RBC Capital Markets as it views sportswear markets as "highly promotional", with lower-income consumers under pressure from the elevated cost of living. Cutting the rating to 'sector perform' from 'outperform', with a 100p...
Nike has spent the past year and a half trying to convince Wall Street that its turnaround is real. For a while, the story was working. Then, it reported fiscal Q4 results (ended in May). Now one of the banks that has stuck with Nike (NKE) the longest is recalibrating just how much patience that ...
Nike's (NKE) latest quarterly results and sales guidance indicate a "choppy" turnaround for the spor
With an annual dividend yield of 4.02%, NIKE, Inc. (NYSE:NKE) is included among the 12 Best NYSE Stocks to Buy for Dividends. NIKE, Inc. (NYSE:NKE) is engaged in the designing, marketing, and distribution of athletic footwear, apparel, equipment, and accessories and services for sports and fitness activities. On June 25, BTIG lowered its price estimate on […]
Analyst Downgrade Highlights Near-Term Execution RisksNike (NYSE:NKE) shares slipped 1. 4% in premarket trading on Tuesday after Evercore ISI downgraded the sportswear giant to In Line from Outperform and reduced its price target to $46 from $57.
Investing.com -- Nike shares slipped 1.4% in premarket trading Tuesday after Evercore ISI downgraded the stock to In Line from Outperform and cut its price target to $46 from $57.
With an annual dividend yield of 3.57%, NIKE, Inc. (NYSE:NKE) is included among the 12 High Yield Fortune 500 Stocks to Buy Now. NIKE, Inc. (NYSE:NKE) is engaged in the designing, marketing, and distribution of athletic footwear, apparel, equipment, and accessories and services for sports and fitness activities. On June 10, RBC Capital analyst Piral Dadhania […]
Nike (NYSE:NKE) is under increased scrutiny after an analyst downgrade questioned the pace and scope of its turnaround under CEO Elliott Hill. The downgrade focuses on slower progress in Nike's operational and brand reset, along with concerns about margins and the credibility of current financial targets. Rising competition in premium activewear and shifting distribution trends between wholesale and direct-to-consumer channels are key pressure points. Nike enters this phase of its reset...
Investing.com -- RBC Capital Markets downgraded Nike to Sector Perform from Outperform and slashed its price target to $50 from $70, citing a slower-than-expected turnaround and few catalysts to drive the stock higher in the near term.
NIKE enters this latest update with no changes to its current price target, keeping the existing analyst benchmark in place. As you track the stock, you can observe how staying alert to future price target moves and shifts in the surrounding story may help you follow the evolving narrative with more confidence. Stay updated as the Fair Value for NIKE shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on NIKE. Do your thoughts...
Wells Fargo just delivered a contrarian gut check to Nike (NYSE:NKE) stock bulls, downgrading the athletic wear giant to Equal Weight from Overweight and trimming its price target to $45 from $55. The call lands with Nike stock already under pressure, down roughly 30% year to date (YTD) and off 25% over the past year. ... Wells Fargo Downgrades Nike to Equal Weight: GLP-1 Mega-Trend Threatens the Athletic Wear Giant
Investing.com -- Wells Fargo on Friday reshuffled its ratings across the U.S. apparel and retail sector, upgrading Victoria’s Secret and downgrading Nike and Deckers, arguing that the rapid adoption of GLP-1 weight-loss drugs is impacting consumer spending in ways that favor clothing over footwear and athletic wear.