Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says
NKENIKE(NKE) Benzinga·2024-06-13 01:55

Loading... Loading... Goldman Sachs analyst Brooke Roach reiterated a Buy rating on the shares of Nike Inc NKE with a price target of $118.00. Nike’s F4Q earnings result is scheduled for June 27. The analyst is encouraged by the green shoots in Nike’s innovation portfolio, and looks for a greater understanding of NKE’s future innovation pipeline and plan to scale these new innovations on the company’s F4Q earnings call. Nike’s product franchise lifecycle management efforts will weigh on F1H revenue growth, ...