From Yahoo Finance: 2025-03-22 09:55:00

Needham has lowered Nike’s price target to $75 from $80, citing worse-than-expected Q4 guidance. Revenues are expected to be down at the worse end of mid-teens, with gross margin down 400-500bps. The analyst maintains a Buy rating on the shares, stating that Nike’s headwinds are expected to ease in FY26, but the first half of FY26 will remain highly pressured. This news was first published on TheFly, a source for real-time, market-moving financial news. For more information on top stocks recommended by analysts, visit TipRanks.



Read more at Yahoo Finance: Nike price target lowered to $75 from $80 at Needham