BNP Paribas reiterates underperform on Nike

scanx
Reviewed by
Radhika SScanX News Team
Key Highlights

BNP Paribas analyst Laurent Vasilescu has reiterated an underperform rating on Nike (NYSE: NKE) while maintaining a $23 price target.

powered bylight_fuzz_icon
44480511

*this image is generated using AI for illustrative purposes only.

BNP Paribas analyst Laurent Vasilescu has reiterated an underperform rating on Nike (NYSE: NKE) while maintaining a $23 price target. The rating reflects a cautious outlook on the stock's performance relative to the broader market.

The analyst's stance underscores concerns regarding Nike's near-term growth prospects. The $23 price target suggests limited upside potential from current levels.

Metric Value
Rating Underperform
Price Target $23

What specific operational or strategic milestones would Nike need to achieve for BNP Paribas to consider upgrading its rating from underperform?

How does Nike's valuation and growth outlook compare to key competitors like Adidas and On Running in the current analyst consensus landscape?

Could Nike's ongoing leadership transition and brand repositioning strategy materially shift analyst sentiment within the next two to three quarters?

like17
dislike

Bernstein maintains Outperform on Nike, lowers target to $72

scanx
Reviewed by
Radhika SScanX News Team
Key Highlights

Bernstein analyst Nick Anderson maintained an Outperform rating on Nike while lowering the price target to $72 from $80, reflecting a revised outlook.

powered bylight_fuzz_icon
44038918

*this image is generated using AI for illustrative purposes only.

Bernstein analyst Nick Anderson has maintained an Outperform rating on Nike (NYSE: NKE) while lowering the price target to $72 from $80. The adjustment reflects a revised outlook on the stock's performance potential.

The rating decision and price target adjustment were communicated in a recent analyst note. The new target of $72 represents a decrease from the previous estimate of $80.

Analyst Ratings and Targets

Firm Analyst Rating Price Target Previous Target
Bernstein Nick Anderson Outperform $72 $80

What specific factors led Bernstein to lower Nike's price target despite maintaining an Outperform rating?

How might this price target adjustment influence other analysts' ratings on Nike in the near term?

What are the potential risks or challenges Nike faces that could impact its ability to meet the revised $72 target?

like19
dislike

More News on Nike Inc