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Nike gets another downgrade
Nike gets another downgrade as Citi points to turnaround challenges
Citi has downgraded Nike Inc.’s stock to neutral from buy, citing the challenges facing the sneaker maker as it attempts to get back on track.
Nike Stock Gaps to 4-Year Lows After Downgrade
NKE is pacing for its third-straight loss, as well as its worst weekly performance since June. The security carries a 32.8% year-over-year deficit, and earlier gapped to a four-year low of $69.41, breaching a floor at the $70 region that contained its January pullback amid long-term pressure form its 100-day moving average.
Nike downgraded to Neutral from Buy at Citi
Citi downgraded Nike (NKE) to Neutral from Buy with a price target of $72, down from $102, after attending a sell-side event to meet with the
2h
on MSN
Nike CEO's Turnaround Plan Began With Call to NFL's Roger Goodell
Elliott Hill couldn’t afford for the struggling sports giant to lose its licensing deal. Now ahead of the Super Bowl, the NFL ...
1h
on MSN
Nike’s leadership under fire? Citi unimpressed with CEO meeting
Citi no longer has confidence in Nike's ability to deliver a turnaround. Its analyst says he wasn't reassured after a meeting ...
45m
Nike's Zegama 2 is a trail running shoe with a not-so-secret weapon: style
The Nike Zegama 2 is available from Nike.com and the usual array of third-party resellers. Its hefty and rugged build means ...
17h
It’s not you, it’s me: Nike’s breakup sneakers are here just in time for Valentine’s Day
Nike is dropping a new Air Max 1 Premium sneaker, and they're being referred to as the 'breakup sneaker.' Here's why and when ...
2h
on MSN
Citi downgrades Nike, upgrades Deckers as disrupter HOKA gains momentum
Nike’s ( NYSE: NKE) turnaround plan will take even longer than anticipated as management acknowledged the competitive threat ...
2h
Nike price target lowered to $77 from $84 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Nike (NKE) to $77 from $84 and keeps a Buy rating on the shares after attending an investor ...
41m
Amazon.com Inc., Nike share losses contribute to Dow's 229-point drop
Shares of Amazon.com Inc. and Nike are posting losses Friday morning, dragging the Dow Jones Industrial Average into negative territory.
2h
Nike Unveils Swoosh TC in Three Locations
By tapping two well-respected collegiate coaches and adding resources, they’re hoping to attract young talent—and win more ...
Mens Fitness on MSN
1d
Nike's 'Fantastic' Metcon Training Shoes Are Up to 30% Off, and Shoppers Say They're a 'Hell of a HIIT Shoe'
Nike’s Free Metcon 6 Training Shoes start at $84 right now, up to 30% off their full price of $120. This versatile training ...
2d
on MSN
Nike’s release of A’ja Wilson’s shoe and apparel collection shows ‘revolutionary’ growth of women’s sports
A’ja Wilson has come to realize what is delayed is not always denied. The two-time WNBA champion and three-time league MVP ...
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