Nike is one of the most iconic brands in the world.
The announcement comes just before new CEO Elliott Hill takes the helm on Oct. 14.
Nike has raised dividends annually for two decades.
Nike Inc. on Thursday said it would bring in another three-decade company veteran to lead its business in North America, in an effort to rejuvenate demand as its new chief executive prepares to come aboard.
Truist Securities analyst Joseph Civello upgraded Nike, Inc. NKE to Buy from Hold and raised the price target to $97 from $83.
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.
Zacks.com users have recently been watching Nike (NKE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Truist Securities upgraded shares of the apparel maker to Buy from Hold, and raised their price target to $97.
Piper Sandler out with a survey today saying Nike is still the #1 shoe brand for teens. The Investment Committee debate the retail trade.
JPMorgan analyst Matthew R. Boss flagged several troubling signs for Nike Inc NKE, which may have investors tightening their seatbelts.