Still, analysts remain mostly positive about Nike, which has 28 buy, 7 and 1 sell ratings, according to Bloomberg data. Although several analysts have lowered their price targets above earnings, the average analyst target still implies a return potential of 29% over the next 12 months.


This post Nike heads for biggest quarterly decline since 2008 was original published at “https://www.bloombergquint.com/business/nike-shares-eye-worst-quarter-since-2008-amid-earnings-caution”

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