Analysts Are Neutral on Top Consumer Cyclical Stocks: Nike (NKE), National Vision Holdings (EYE)

Nike (NKE)

Wells Fargo analyst Ike Boruchow maintained a Hold rating on Nike yesterday and set a price target of $40.00. The company’s shares closed last Friday at $41.70.

According to TipRanks.com, Boruchow is a 3-star analyst with an average return of 1.3% and a 46.9% success rate. Boruchow covers the NA sector, focusing on stocks such as Academy Sports and Outdoors, Canada Goose Holdings, and Dick’s Sporting Goods.

Currently, the analyst consensus on Nike is a Moderate Buy with an average price target of $50.81, which is a 23.4% upside from current levels. In a report issued on July 16, Stifel Nicolaus also maintained a Hold rating on the stock with a $45.00 price target.

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