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A number of major international banks have drastically cut Nike's target prices. J.P. Morgan lowered Nike's target price from $40 to $33, Wells Fargo drastically lowered Nike's target price from $40 to $30 per share, Bank of America lowered Nike's target price from $30.00 to $24.00, Bernstein lowered Nike's target price from $68 to $45, and Peggy Investments lowered Nike's target price from $38 to $28. Nike sharply lowered its revenue expectations, and US stocks fell 10% before the market.

Zhitongcaijing·10/02/2026 10:17:05
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A number of major international banks have drastically cut Nike's target prices. J.P. Morgan lowered Nike's target price from $40 to $33, Wells Fargo drastically lowered Nike's target price from $40 to $30 per share, Bank of America lowered Nike's target price from $30.00 to $24.00, Bernstein lowered Nike's target price from $68 to $45, and Peggy Investments lowered Nike's target price from $38 to $28. Nike sharply lowered its revenue expectations, and US stocks fell 10% before the market.