RBC Capital Keeps Nike in Holding Pattern with $45 Target

RBC Capital analyst Richard Chamberlain has initiated coverage on Nike (NKE.US) with a hold rating. This means that he neither recommends buying nor selling the stock.

The target price set by Chamberlain for Nike is $45. Analysts' track records can be an important consideration when evaluating their recommendations, and TipRanks data shows that Chamberlain has a success rate of 51.8% over the past year with an average return of 2.8%.

The information provided by TipRanks is intended for informational purposes only and should not be taken as investment advice. The rankings and ratings given to analysts are based on their past performance, including both success rates and average returns.