Nike Inc. (NYSE: NKE) is gaining momentum with high-heat sneaker drops and its new ReactX Rejuven8 slip-ons, says Needham’s Tom Nikic. The analyst highlights tariff risks and rising buzz around Nike’s innovations, which could challenge rivals like Crocs Inc. (NASDAQ: CROX).
Latest Ratings for NKE
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Cowen & Co. | Maintains | Outperform | |
| Jan 2022 | Wells Fargo | Upgrades | Equal-Weight | Overweight |
| Jan 2022 | Seaport Global | Initiates Coverage On | Buy |
