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Buy Nike’s stock now, as new management can excite investors again, analyst says
It’s time to start buying Nike Inc.’s stock, as a new management team of company veterans should reignite investor excitement by showing them “there are better times ahead,” according to a former Wall Street skeptic.
Nike Stock Gets a New Bull. ‘There Are Better Times Ahead.’
Truist Securities upgraded shares of the apparel maker to Buy from Hold, and raised their price target to $97.
Truist upgrades Nike stock to Buy, says new management can reignite interest
Analysts at Truist Securities have upgraded Nike (NYSE:NKE) stock to Buy, a move driven by optimism around recent leadership changes. The price target has also been raised to $97 from $83, reflecting more than 17% upside
Front Office Sports on MSN
6h
Nike Has Lost Some Mojo. But Not Its Market Share
Nike is in recovery mode but still enjoys a dominant slice of the market. The post Nike Has Lost Some Mojo. But Not Its ...
8d
on MSN
Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
USA Today
9d
Nike stock responds as company names new CEO. Is it too late to buy?
The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill ...
6d
on MSN
We Reported on Nike’s Extensive Use of Private Jets. The Company Just Made It Harder to Track Them.
Since our story, the company has added its planes to a popular Federal Aviation Administration program that makes it harder ...
9d
Jaylen Brown's multi-million dollar war with Nike
How Jaylen Brown starting his own signature shoe line figures into his war of words (and millions of dollars) with Nike.
8d
Nike's new CEO has a big uphill struggle ahead
Nike's new CEO Elliott Hill faces revenue decline and market challenges as the company shifts focus from retro styles to a ...
8d
Nike shares drop as investors fret over murky turnaround timeline
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving ...
4d
on MSN
Nike Inc. (NKE): Among the Best WallStreetBets Stocks to Buy Right Now
We recently compiled a list of the 10 Best WallStreetBets Stocks To Buy Right Now. In this article, we are going to take a ...
9d
US dockworkers strike, Nike earnings: Morning Brief
Today on Catalysts, hosts Brad Smith dissect the ongoing US port strike and trending company news. The show begins with a ...
2d
on MSN
As Nike struggles, Adidas must surf Samba wave with caution
Nike's ongoing struggles are giving Adidas a chance to keep taking market share from its larger US rival, but the German ...
Afrotech on MSN
2h
USC Trojans’ JuJu Watkins Signs A Contract Extension With Nike, Marking ‘One Of The Richest Shoe Endorsement Deals In Women’s Basketball’
JuJu Watkins is making major moves on and off the court. On Tuesday, 8, 2024, ESPN reported that the University of Southern ...
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