Nike spikes to record high after Goldman boosts its rating to ‘buy’ (NKE)
|12/06/2019||Posted by BusinessMediaguide.Com under General World News||
- Goldman Sachs upgraded Nike stock to a “buy” rating and increased its price target to $112 from $95 on Thursday.
- Shares of Nike rose 1.3% Friday to an all-time high following the upgrade.
- Goldman boosted its forecast for Nike following an analysis that showed it’s poised for growth in China and is popular among young consumers in North America.
- Watch Nike trade live on Markets Insider.
Shares of Nike rose 1.3% Friday to an all-time high after gaining another Wall Street bull.
Goldman Sachs boosted its rating on shares of the retailer to “buy” on Thursday, and raised its read more >>>