Citi Lowers Nike Target Price to $39 Amid Mixed Analyst Performance

Citi analyst Paul Lejuez has maintained his Hold rating for Nike (NKE.US), adjusting its target price down to $39 from $45. According to data from TipRanks, Lejuez's past performance is marked by a success rate of 53.6% and an average return of 6.9% over the past year.

TipRanks provides analysis on financial analysts, calculating their Average Returns and Success Rates based on their recommendations. A successful rating from TipRanks means that its virtual portfolio earned a positive return from the stock.