NKE Stock Slips Premarket: BofA Sees Longer Turnaround, Cuts Price Target To $30
Investors now turn to Nike’s earnings report on Oct 1 for fresh clues on the company’s path back to growth. BofA lowered its EPS estimates for Nike’s FY27 and FY28 by 11% and 12%, respectively. The Fly reported that BofA’s FY27 EPS forecast for Nike is 14% below Visible Alpha consensus. Oppenheimer and Barclays also … Read more