Nike has received a downgrade and price target decrease from Evercore ISI due to several challenges it faces as it tries to overhaul its struggling business.
Nike has chartered a path to improving its share price, but the athletic retailer faces several headwinds that could foil its recovery plan, according to Evercore ISI. The investment firm downgraded the stock name to in-line from outperform. It also … [1696 chars]
Source: CNBC | Published: 2026-06-23T11:52:52Z
Credit: CNBC
