Nike Stock Turnaround Path Clear, Analyst Says: ‘Getting Back To Winning Takes Time’
Nike Inc (NYSE:NKE) analysts are highlighting the company’s new turnaround plan under CEO Elliott Hill with a focus on inventory, product innovation and wholesale partnerships being key takeaways Friday following the company’s second-quarter financial report. The Nike Analysts: Telsey analyst Cristina Fernández downgraded Nike shares from Outperform to Market Perform and lowered the price target […]