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Citi downgrades Nike, upgrades Deckers
Nike gets another downgrade as Citi points to turnaround challenges
Citi has downgraded Nike Inc.’s stock to neutral from buy, citing the challenges facing the sneaker maker as it attempts to get back on track.
Nike’s leadership under fire? Citi unimpressed with CEO meeting
Citi no longer has confidence in Nike's ability to deliver a turnaround. Its analyst says he wasn't reassured after a meeting with new CEO.
Citi downgrades Nike, upgrades Deckers as disrupter HOKA gains momentum
Nike’s ( NYSE: NKE) turnaround plan will take even longer than anticipated as management acknowledged the competitive threat in running and challenges in earning back lost shelf space, leading Citi analyst Paul Lejuez to downgrade the sportswear giant to Neutral from Buy.
Nike Stock Gaps to 4-Year Lows
Why Nike Stock Slipped on Friday
Citi is just back from a meeting with new Nike CEO Elliott Hill, and feeling unenthused by the CEO's promises for 2026 performance. Neither sales nor earnings forecasts were as good as Citi hoped for, and "Nike's sales pressures seem likely to continue as it manages down key franchises further in fiscal 2026," reports The Fly.
Nike Stock Got Downgraded Again. What to Buy Instead.
Citigroup became the latest firm to downgrade the athletic shoe company. It also upgraded Deckers Outdoor, the maker of Hoka.
Nike Stock Gaps to 4-Year Lows After Downgrade
Citigroup downgraded Nike Inc (NYSE:NKE) stock to "neutral" from "buy," and lowered its price target to $72 from $102, with the firm citing a disappointing meeting with the retailer's CEO. The stock is down 3% to trade at $69.
13h
on MSN
Nike is making a surprise comeback at the Super Bowl — and JPMorgan analysts broke the news
Nike's Super Bowl 2025 commercial comes as the company looks to reverse a sales slump and elevate its iconic brands.
17h
on MSN
Nike CEO's Turnaround Plan Began With Call to NFL's Roger Goodell
Elliott Hill couldn’t afford for the struggling sports giant to lose its licensing deal. Now ahead of the Super Bowl, the NFL ...
1d
It’s not you, it’s me: Nike’s breakup sneakers are here just in time for Valentine’s Day
Nike is dropping a new Air Max 1 Premium sneaker, and they're being referred to as the 'breakup sneaker.' Here's why and when ...
Money Morning
14h
Nike's Rocky Road Continues: Price Target Slashed to this…
Share of Nike fell to their lowest level since March of 2020 after getting downgraded to neutral from a buy recommendation at Citigroup. Analysts at Citigroup also lowered their target price of the ...
Soap Central Lifestyle on MSN
12h
Nike x Jordan Brand x Converse announce plans for 2025 NBA All-Star Weekend: Everything you need to know
The NBA All-Star Weekend is a cultural event that brings the global sports, fashion, and entertainment industry together.
9h
SNX: This Week’s Best Sneakers Feat. The Nike Air Jordan 5 Reimagined, Kawhi IV Purple Punch & More
The sneaker features a full synthetic upper with synthetic overlays, an exposed carbon fiber plate, cable loop speed lacing, ...
Mens Fitness on MSN
2d
Nike's 'Fantastic' Metcon Training Shoes Are Up to 30% Off, and Shoppers Say They're a 'Hell of a HIIT Shoe'
Nike’s Free Metcon 6 Training Shoes start at $84 right now, up to 30% off their full price of $120. This versatile training ...
Soap Central Lifestyle on MSN
15h
Nike GT Cut 3 Turbo “Black Label” sneakers: First look, design speculations, and everything we know so far
Nike is reportedly set to expand its basketball sneaker lineup with the GT Cut 3 Turbo “Black Label” sneakers.
14h
on MSN
Nike bonds sell off, mirroring the sneaker maker’s stock slide
There has been significantly more selling than buying in Nike’s bonds, although investment-grade spreads have hardly budged.
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