Nike Remains a Strong Buy Despite Transition Challenges and Tariff Issues

Reported 1 day ago

Nike is facing stock pressures due to warnings about tariff impacts, yet it still surpassed earnings expectations for its fiscal third quarter. Analysts, including BMO Capital Markets' Simeon Siegel, continue to endorse Nike's stock as a buy, despite predictions that a full turnaround may not occur until at least fiscal year 2026.

Source: YAHOO

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