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BofA cuts Nike’s price target to $80 amid tariff pressures. Nike's China performance remains critical despite ongoing challenges. Today's manic market swings are creating the perfect setup for ...
A caller expressed worry about NIKE, Inc. (NYSE:NKE) in light of tariffs and China worries. In response, Cramer said: “Well, I’ll tell you, you got Elliot Hill there. He’s an old hand.
While BofA lowered its price target for Nike to $80 from $90 due to multiple compression, it maintained a positive outlook.
Adidas shares (XE:ADS) fell 11% in Frankfurt trade ... Adidas each source more than 60% of their goods from China, Vietnam and Indonesia. Nike's annual report shows that factories in Vietnam ...