From Yahoo Finance: 2025-05-07 09:31:00

Telsey Advisory reduced Nike’s price target to $70 from $80, citing ongoing challenges in the business. The firm maintains a Market Perform rating on the stock, noting that Nike is working to address inventory issues. However, structural profit headwinds are still a concern, impacting visibility into the company’s financial outlook.

Read more: Nike price target lowered to $70 from $80 at Telsey Advisory