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Morgan Stanley Issues Positive Forecast for NIKE (NYSE:NKE) Stock Price
['Max Byerly']
Ticker Report
NIKE (NYSE:NKE – Get Free Report) had its price target hoisted by stock analysts at Morgan Stanley from $64.00 to $70.00 in a research report issued on Tuesday,Benzinga reports.
DZ Bank downgraded NIKE from a “buy” rating to a “hold” rating and set a $76.00 price objective for the company.
Finally, Zacks Research upgraded NIKE from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th.
According to data from MarketBeat.com, NIKE presently has an average rating of “Moderate Buy” and an average target price of $79.46.
The stock was sold at an average price of $72.29, for a total value of $7,951,900.00.
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