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‘Risks Are Rising’ for Nike and It’s Time to Sell the Stock, Says Bank of America
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- Published
- Sep 25, 2026, 8:24 PM UTC
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Nike is facing challenges that are very risky as it attempts to turn around its struggling business, making its stock a sell, according to Bank of America.
Bank of America analyst Lorraine Hutchinson cut Nike shares this week on an "underperform" rating of the stock.
Nike’s turnaround is looking like it might take a lot longer than expected, according to Bank of America.