Nike Stock (NKE): $195 Price Target From Barclays

By Amit Chowdhry ● Dec 26, 2021
  • The shares of Nike Inc (NYSE: NKE) have received a price target of $195 from Barclays. These are the details.

The shares of Nike Inc (NYSE: NKE) have received a price target of $195 from Barclays. These are the details. And Barclays analyst Adrienne Yih increased the company price target from $185 while maintaining an “Overweight” rating on the shares. 

Yih noted that the company had exceeded fiscal second-quarter earnings estimates with a sales beat driven by North America and significantly better gross margin on higher full-price selling. Going forward, Yih said that Nike is positioning for the long term.

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