KeyBanc Downgrades Nike Amid Concerns Over Turnaround Progress

KeyBanc has downgraded Nike to sector weight from overweight due to concerns over the pace of its turnaround efforts. Analyst Ashley Owens noted that while there are signs of progress, they have not been sufficient for optimism about the stock's future performance.

By Liz Napolitano · CNBC · June 26, 2026, 10:49 UTC

KeyBanc Downgrades Nike Amid Concerns Over Turnaround Progress

Tickers: $NKE

Topics: analyst report KeyBanc Nike stock downgrade

Read the full article at CNBC

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