S&P 500 Circles New 2022 Lows Following Latest Fed Rate Hike: Is A Recession Inevitable?
The SPDR S&P 500 ETF Trust (NYSE: SPY) suffered more heavy losses this week in response to another aggressive Federal Reserve interest rate hike
Why This Nike Analyst Says Retailer Can ‘Remain One Step Ahead’
Nike Inc (NYSE: NKE) is the leader in sportswear and its digital business is likely to drive future growth, according to RBC Capital Markets.
The Nike Analyst: Piral Dadhania initiated coverage of Nike with an Outperform rating and a price target of $125.
RBC Capital Initiates Coverage On Nike with Outperform Rating, Announces Price Target of $125
RBC Capital analyst Piral Dadhania initiates coverage on Nike (NYSE:NKE) with a Outperform rating and announces Price Target of $125.
Beyond Meat To Dip Over 50%? Also This Analyst Slashes PT On NIKE
Piper Sandler cut the price target on Beyond Meat, Inc. (NASDAQ: BYND) from $9 to $8. Piper Sandler analyst Michael Lavery maintained the stock with an Underweight. Beyond Meat shares rose 0.7% to $16.14 in pre-market trading.
Citigroup Maintains Neutral on Nike, Lowers Price Target to $113
Citigroup analyst Paul Lejuez maintains Nike (NYSE:NKE) with a Neutral and lowers the price target from $116 to $113.
Nike Whale Trades Spotted
Someone with a lot of money to spend has taken a bullish stance on Nike (NYSE:NKE).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
NIKE Price Target Cut By This Analyst; Also Benchmark Sees $325 For Danaher
Barclays cut the price target on NIKE, Inc. (NYSE: NKE) from $125 to $110. Barclays analyst Adrienne Yih also downgraded the stock from Overweight to Equal-Weight. NIKE shares fell 4.3% to trade at $102.60 on Tuesday.
Roger Federer Retires: How Tennis Star Bet Against Nike And Won Big
Tennis legend Roger Federer announced his retirement Thursday (Sept. 15). Federer leaves the sport ranking third for men in Grand Slam titles and as one of the top earnings athletes ever.