JPMorgan lowered the firm’s price target on Nike (NKE) to $73 from $77 and keeps a Neutral rating on the shares. The firm reduced estimates following its recent fieldwork. JPMorgan reduced its fiscal Q2 earnings per share estimate to 61c, below the consensus at 65c.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter