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Nike price target raised to $75 from $68 at TD Cowen

Nike price target raised to $75 from $68 at TD Cowen

TD Cowen raised the firm’s price target on Nike (NKE) to $75 from $68 and keeps a Hold rating on the shares. While “encouraged” by the firm’s promotional tracker within North America showing improvement and franchise management within running, demand trends remain weak into spring, the analyst tells investors in an earnings preview.

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