UBS Lowers Nike's Price Target Amid Earnings Outlook Concerns
On June 10, UBS reduced its price target for NIKE (NKE) to $50 from $54 while maintaining a Neutral rating. The move follows concerns about the company’s upcoming guidance and potential weakness in Q1 performance. Citi also lowered Nike's price goal on the same day.
Tickers: $NKE
Topics: Citi Earnings Guidance Nike UBS