Analysts remain bullish on Nike's direct-to-consumer strategy and brand momentum, even after the sports apparel giant's disappointing earnings results.
Her $145 price target implies 27% upside from Thursday's close.
He cited Nike's better-than-expected revenue, improving inventories, as well as no change to the brand's momentum in its direct-to-consumer strategy.
Boss lowered his price target to $142 from $146.
Her $125 price target, lowered from $135, is just 10% above Tuesday's closing price.
Persons:
Goldman Sachs, Kate McShane, McShane, JPMorgan's Matthew Boss, Nike's, Friend, Boss, Bank of America's Lorraine Hutchinson, Hutchinson, — CNBC's Michael Bloom
Organizations:
Nike, Refinitiv, Bank of
Locations:
Bank of America's, North America