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      Multiple Analysts Reduce Price Targets for Nike Inc.

      Several financial analysts have recently revised their price targets for Nike Inc. (NYSE: NKE), reflecting a cautious outlook on the company's stock performance. Jefferies has lowered its price target from $75 to $60, while Stifel has adjusted its target down from $40 to $36. BofA Securities has also made a significant cut, reducing its target from $30 to $24.

      Other notable reductions include BTIG, which decreased its target from $55 to $50, and Goldman Sachs, which lowered its target from $38 to $30. Truist Securities cut its price target from $42 to $29, and Telsey reduced its target from $44 to $35. BMO Capital and Wells Fargo have also made adjustments, with BMO setting a target of $25 and Wells Fargo lowering theirs from $40 to $30.

      Despite these cuts, some analysts have maintained their ratings on Nike. Raymond James reiterated a 'Market Perform' rating, while RBC Capital confirmed a 'Sector Perform' rating with a price target of $40. These revisions come amid ongoing market fluctuations and reflect varying analyst perspectives on Nike's future performance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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