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Analyst Predicts Nike Stock Could Fall to $30 After S&P 100 Drop
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- Published
- Sep 25, 2026, 8:29 PM UTC
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Bank of America analyst Lorraine Hutchinson cut Nike shares this week on an "underperform" rating of the stock.
Nike stock tumbles on a bearish Bank of America research note. Here’s why analyst Lorraine Hutchinson sees NKE shares sinking further.
Nike stock hit a 10-year low after BofA's Sell downgrade and $30 target, as China sales fall and adidas gains ground on Elliott Hill's turnaround.