REVEALED: 3 | Vintage Vibes

Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Benzinga · Jun 22, 2022

This Stock Has Fallen 35% YTD And Is Now 'The Definition Of Quality On Sale'

Hightower Advisors' Stephanie Link bought Nike Inc (NYSE: NKE) shares ahead of earnings next week and is prepared to buy more if it sells off further.

Benzinga · Jun 21, 2022

Why Nike Shares Are Nosediving Today

Nike Inc (NYSE: NKE) shares are trading lower by 6.44% to $106.14 Thursday afternoon in sympathy with the overall market.

Benzinga · Jun 16, 2022

4 Retail Stocks to Avoid as Consumers Spend Less on Discretionary Items

Although retail sales surged in April, the inflationary pressures might dampen consumer demand. Consumer spending has been shifting away from discretionary retail toward staples in the face of the soaring inflation. Hence, we think discretionary retail stocks NIKE (NKE), Starbucks (SBUX), Five Below (FIVE), and Williams-Sonoma (WSM) might be avoided…

StockNews.com · May 23, 2022

Should You Add Shares of Nike to Your Investment Portfolio?

Nike’s (NKE) recent acquisition of RTFKT should help accelerate its digital transformation. It is already more profitable than its peers and analysts expect its revenue and EPS to increase. However, given its stretched valuation and mixed financials, is it worth adding the stock to one’s portfolio now? Read on to…

StockNews.com · May 19, 2022

Why Nike Shares Are Getting Hammered Today

Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.

Benzinga · May 18, 2022

Nike Terminates Sponsorship Deal With Spartak Moscow: Reuters

Nike Inc (NYSE:NKE) has ended its sponsorship deal with Russian Premier League club Spartak Moscow, Reuters reported. The move comes after UEFA, the governing body of European soccer, decided Russia will not have its team's club competitions in the 2022-23 season due to the invasion of Ukraine. Spartak has been sponsored by…

Benzinga · May 13, 2022

What's Going On With Nike Shares?

Shares of several companies in the retail & apparel space, including Nike Inc (NYSE: NKE), are trading lower as stocks continue to fall amid concerns over the potential economic impacts of Fed rate hikes and the Russia-Ukraine conflict. Traders also weigh recent earnings reports.

Benzinga · Apr 26, 2022

'Welcome To 2052': Here Comes Nike's Metaverse NFT Wearables

Nike Inc (NYSE: NKE), along with the RTFKT, recently announced the launch of its first Ethereum (CRYPTO: ETH) NFT sneakers, called CryptoKicks. 

Benzinga · Apr 23, 2022

Peering Into Nike Inc's Recent Short Interest

Nike Inc's (NYSE:NKE) short percent of float has risen 21.18% since its last report. The company recently reported that it has 12.73 million shares sold short, which is 1.03% of all regular shares that are available for trading.

Benzinga · Apr 21, 2022