In a report released today, Adrienne Yih from Barclays maintained a Hold rating on Nike (NKE – Research Report), with a price target of $70.00. The company’s shares opened today at $75.96.
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According to TipRanks, Yih is a 4-star analyst with an average return of 6.4% and a 51.22% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Nike, TJX Companies, and Foot Locker.
In addition to Barclays, Nike also received a Hold from J.P. Morgan’s Matthew Boss in a report issued today. However, on the same day, Citi maintained a Buy rating on Nike (NYSE: NKE).
NKE market cap is currently $114.8B and has a P/E ratio of 22.11.
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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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