BMO Capital Markets has initiated coverage on Nike Inc (NYSE:NKE) with an underperform rating and set a price target of $30.
The stock currently trades at $38.11, down 46.5% over the past year and near its 52-week low of $37.95.
BMO Capital expects slowing lifestyle demand, a China distribution reset, and structurally lower margins to delay Nike's full recovery.
More on Stocks
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
Navigate
© 2026 Guavy Inc
