HomeInvestingFundamental AnalysisNike (NKE) Strong Ahead Of Earnings

Nike (NKE) Strong Ahead Of Earnings

Nike (NKE) is coming from a place of strength, says TD Cowen analyst John Kernan. He thinks its guidance is conservative and expects it to beat on earnings. He has an Outperform rating & $141 price target on the stock. Tom Nikic of Wedbush also has an Outperform rating on Nike and notes that last quarter it beat on revenue and gross margin metrics. He thinks brand demand is strong and its competitors aren't doing as well.

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22 Mar 2023

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