Bank of America downgrades Nike, cuts price target to $30 amid weak demand

SentiSense · Published Sep 25, 2026, 11:40 AM ET · Updated Sep 25, 2026, 4:41 PM ET

Bank of America downgraded Nike to Underperform from Neutral on September 25, 2026 and cut its price target to $30 from $47, arguing the turnaround is...