In a report released today, Aneesha Sherman from Bernstein maintained a Buy rating on Nike (NKE – Research Report), with a price target of $120.00. The company’s shares closed yesterday at $93.10.
According to TipRanks, Sherman is a 2-star analyst with an average return of 0.1% and a 45.33% success rate. Sherman covers the Consumer Cyclical sector, focusing on stocks such as Nike, Adidas, and Stitch Fix.
In addition to Bernstein, Nike also received a Buy from Bank of America Securities’s Lorraine Hutchinson in a report issued on April 11. However, on April 10, HSBC maintained a Hold rating on Nike (NYSE: NKE).
The company has a one-year high of $126.95 and a one-year low of $88.05. Currently, Nike has an average volume of 9.67M.
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Nike (NKE) Company Description:
NIKE, Inc. is a maker of athletic footwear, apparel, accessories and equipment. It also sells athletic lifestyle sneakers, apparel and accessories under the Converse line. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.
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