Stifel Analyst Keeps Hold Rating on Nike with $36 Target Price

Stifel analyst Peter McGoldrick has kept his hold rating on Nike (NKE.US) and maintained his target price of $36. The decision reflects McGoldrick's cautious outlook on the stock's near-term performance.

According to data from TipRanks, McGoldrick has a success rate of 38.2% and a total average return of -4.9% over the past year. These metrics are calculated based on the analyst's previous ratings and their impact on TipRanks' virtual portfolios.

TipRanks provides a ranking system for analysts, awarding McGoldrick a star level based on his past performance. The ranking considers both the success rate and average return of his recommendations, with higher stars indicating better performance.