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Bank of America Downgrades Nike (NKE) Amid Prolonged Turnaround, Cuts Price Target to $30
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- Published
- Sep 26, 2026, 3:16 PM UTC
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On September 26, 2026, Bank of America downgraded Nike Inc. (NYSE: NKE) from Neutral to Underperform, citing a slower-than-expected turnaround. The firm lowered