JPMorgan becomes bearish on Nike due to its long turnaround plan
First publishedAug 4, 11:49 UTC
Last updatedAug 4, 13:08 UTC · 9m ago
1 outlet
CNBC Top News
1 outlets over time — hover a bar for its window & outletslast updated
Answer
The bank downgraded its rating on Nike to underweight from neutral, on worries that its "Win Now" plan will weigh on financials for the next few years.
Reported by 1 outlet — CNBC Top News. See all sources ↓
Read the full report at CNBC Top News ↗
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In brief
- What's the story?
- The bank downgraded its rating on Nike to underweight from neutral, on worries that its "Win Now" plan will weigh on financials for the next few years.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 9m ago.
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JPMorgan becomes bearish on Nike due to its long turnaround plan
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Sources (1)
Avg source rating 7.0/10Processing cluster
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