Reported 3 days ago
Williams Trading has raised the price target for NIKE, Inc. (NKE) stock from $73 to $100, maintaining a 'Buy' rating. The firm believes that NIKE's US marketplace will improve by the end of September, and reports positive sales trends, particularly for Air Force 1 and Jordan Retro. Despite a recent decline in revenues attributed to various challenges, NIKE's new strategies under its CEO aim to enhance performance and foster growth.
Source: YAHOO