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Nike Receives Downgrade Ahead Of Q4 Print; Analyst Says 'Puma Hoops Worth Monitoring'
Friday, June 22, 2018 - 1:04pm | 362Nike Inc (NYSE: NKE) lost a Buy rating ahead of its fourth-quarter earnings report set for June 28. The Analyst Buckingham Research analyst Eric Tracy downgraded Nike from Buy to Neutral, but raised his price target from $75 to $80. The Thesis With shares up 18 percent year-to-date, Tracy now sees...