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

Summary by CNBC
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.

Bias Distribution

  • 100% of the sources lean Left
100% Left

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, June 23, 2026.
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