Nike Gets a Rating Upgrade from Oppenheimer
Oppenheimer upgraded Nike (NKE) to “outperform” from “perform” on October 18. As of October 18, out of the 37 analysts covering Nike stock, ~60% have recommended a “buy” rating. Analysts’ 12-month average target price for NKE stock is $87.76, which reflects a 16.1% upside based on its October 18 stock price.