Back to News
Market Impact: 0.35
Stock Market Today, Sept. 25: Nike Downgraded by Bank of America, Shares Flat
Source: Nasdaq
Analyst InsightsCorporate EarningsCorporate Guidance & OutlookConsumer Demand & Retail
Nike closed at $35.75, down 0.67%, after Bank of America downgraded the stock and cut its price target from $47 to $30. Investors are focused on Nike's Oct. 1 earnings report and any guidance, with the new target implying further downside from the current share price.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
NKE-0.75
More News
- Bond market alarms are ringing on Wall Street. Here's what's ahead
- Nike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done sliding
- Costco just reported strong earnings. Goldman Sachs sees a sharp move higher for the stock
- One key part of the AI trade has decoupled from the rest. Why that is, and whether it can come back
- Nike stock still hasn't bottomed, analyst warns
- ‘Risks Are Rising' for Nike and It's Time to Sell the Stock, Says Bank of America