NIKE, Inc. (NKE) stocks have seen considerable fluctuation recently, with many investors and firms altering their holdings. Lindbrook Capital LLC acquired 9,798 shares, though Bridges Investment Management Inc. and Pittenger & Anderson Inc. sold significant shares. However, Markel Group Inc., SpiderRock Advisors LLC, WoodTrust Financial Corp, and Heritage Investors Management Corp all increased their stock holdings. Royal Bank of Canada has issued a new price target of $80. Despite struggling, some believe Nike is still an attractive buy, including those who opine that it could be a lucrative setup for life. However, the stock has also nosedived and fallen more steeply than the broader market on a couple of occasions. Bearish statements note that NKE is one of the worst-performing blue-chip stocks, and even amid market gains, Nike shares have sunk. Optimistic views remain, with some believing there are still 25% gains left for the stock, and others regarding the company's 2025 Transformation as a buy signal for investors. A change at the CEO level prompted a rise in the stock, but a dismal sales forecast saw it sink again, and a leadership shakeup has led to questions about the future of Nike.
Nike Stocks NKE News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Sat, 09 Nov 2024 14:32:22 GMT -
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