Nike's Turnaround Plan Faces Skepticism from Evercore ISI

Nike is implementing a turnaround plan to boost its stock, but Evercore ISI has downgraded the company and lowered its price target, citing limited upside potential due to ongoing challenges.

23 Jun, 11:52 — 23 Jun, 11:52

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cnbcMostly Factual65d ago

Nike is trying to boost its stock through a turnaround plan. Evercore ISI sees limited upside

Nike has received a downgrade and price target decrease from Evercore ISI due to several challenges it faces as it tries to overhaul its struggling business.

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Nike's Turnaround Plan Faces Skepticism from Evercore ISI

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Nike is trying to boost its stock through a turnaround plan. Evercore ISI sees limited upside

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