Nike Stock Upgraded to Buy: Analyst Signals Positive Change

Reported about 2 months ago

Nike shares saw a slight increase on Friday following an upgrade to 'Buy' from 'Sell' by analyst Sam Poser from Williams Trading. He noted that the rehiring of a critical executive for the company's wholesale operations suggests significant changes are underway, and he raised the price target for Nike shares from $67 to $93.

Source: YAHOO

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