From StockTwits: 2025-02-09 23:00:05

Sentiment on Stocktwits shifted to ‘extremely bullish’ for Nike ($NKE) in light of recent news. Shares fell 4.27% after Citi downgraded the company to ‘Neutral’ with a price target of $72. Deutsche Bank also revised their price target to $77. Both firms cited concerns about Nike’s turnaround timing and revenue pressures. The investor meeting highlighted strategic efforts to strengthen wholesale relationships and product measures. Barclays noted that Nike’s “culture reset” will take time for financial recovery. Nike stock is down 9.2% year-to-date. Message volumes on Stocktwits are currently ‘extremely high’, indicating increased investor interest.



Read more at StockTwits: Nike Stock Falls After Investor Update and Analyst Downgrade: Retail’s Extremely Bullish