NKE · Nike, Inc.
AI read · Neutral
The AI's read
The lower target suggests RBC sees slightly less value in Nike's shares. The unchanged rating and lack of new company results keep this from changing Nike's business outlook.
RBC Capital Markets lowered its price target for Nike to $39 from $40 before the company's big event.
Neutral
RBC cut its target from $40 to $39 but kept its Sector Perform rating. The upcoming strategy presentation brings no new company results, so Nike's outlook is unchanged.
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