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Citigroup Downgrades Nike Stock Amid Turnaround Concerns
Citigroup analyst Paul Lejuez downgraded Nike's stock to "neutral", citing concerns about the company's turnaround plan following a meeting with new CEO Elliott Hill; the price target was lowered to $72 from $102, slightly above Thursday's closing price of $71.74, and reflects ongoing sales pressure...
Citigroup Downgrades Nike Stock Amid Turnaround Concerns
Citigroup analyst Paul Lejuez downgraded Nike's stock to "neutral", citing concerns about the company's turnaround plan following a meeting with new CEO Elliott Hill; the price target was lowered to $72 from $102, slightly above Thursday's closing price of $71.74, and reflects ongoing sales pressure...
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