Category: Stock
September 26, 2026Nike stock still hasn’t bottomed, analyst warns
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered her price target on NKE to $30, signalling potential downside of another 15% from current levels. Her bearish call is particularly significant given Nike stock […]
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