business
Veteran analyst seriously resets Nike stock target amid key issues
Key takeaways
- However, this week, Evercore ISI, a closely followed Wall Street firm, said the evidence on ground indicates otherwise, Investors Hub noted.
- Nike's stock is one of the worst performers among large consumer brands in 2026, and the analyst's call gave sellers something to act on.
- If you're holding Nike or simply observing its performance, the question that matters is how much downside is left before things start picking up again.
Veteran analyst seriously resets Nike stock target amid key issues Peace Longe Sat, June 27, 2026 at 12:33 AM GMT+7 4 min read NKE Nike (NKE) has spent nearly two years trying to convince investors that it's on track to deliver a turnaround in its business.
However, this week, Evercore ISI, a closely followed Wall Street firm, said the evidence on ground indicates otherwise, Investors Hub noted.
Nike's stock is one of the worst performers among large consumer brands in 2026, and the analyst's call gave sellers something to act on.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Investing.com
Oppenheimer cuts Nike stock price target to $60 on restructuring
Investing.com
Benchmark reiterates DraftKings stock Buy rating, $29 target
Investing.com
UBS raises Incyte stock price target to $113 on biotech recovery
Investing.com
UBS cuts HB Fuller stock price target on acquisition concerns
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop