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Nike CEO Announcement 'Icing On The Cake' For Bulls: 8 Analysts React To Elliot Hill's Ascension

Benzinga ·  Sep 21 02:54

The announcement thatNike Inc(NYSE:NKE) is bringing inElliot Hillas the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company's strategy for a turnaround and plans to return to revenue growth.

The Nike Analysts:

  • Piper Sandler analyst Anna Andreeva maintained a Neutral rating with a $80 price target.
  • KeyBanc analyst Ashley Owens maintained a Sector Weight rating with no price target.
  • Stifel analyst Jim Duffy maintained a Hold rating with a $79 price target.
  • BMO analyst Simeon Siegel reiterated an Outperform rating with a $92 price target.
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