Nike’s Turnaround Gets Fresh Vote Of Confidence From Dick’s: Is NKE Stock A Buy-The-Dip Opportunity?
Dick’s Sporting Goods praised strong demand for Nike performance footwear. Jefferies sees Nike’s recent stock weakness as a potential buying opportunity. The firm cited strong demand for Nike’s running products at Dick’s Sporting Goods, despite ongoing inventory clearances and promotional pressure. RBC kept its Sector Perform rating and $45 price target on Nike, implying a … Read more