JPMorgan Chase & Co. Cuts NIKE (NYSE:NKE) Price Target to $86.00

JPMorgan Chase & Co. Cuts NIKE (NYSE:NKE) Price Target to $86.00

JPMorgan Chase & Co. dropped their target price on shares of NIKE from $100.00 to $86.00 and set a "buy" rating for the company in a research report on Monday.

NIKE (NYSE:NKE) Given New $86.00 Price Target at JPMorgan Chase & Co.

NIKE (NYSE:NKE – Free Report) had its price target trimmed by JPMorgan Chase & Co. from $100.00 to $86.00 in a research note issued to investors on Monday,MarketScreener Latest Ratings reports. The firm currently has a buy rating on the footwear maker’s stock. Several other research firms have also weighed in on NKE. Telsey Advisory Group restated a “market perform” rating and set a $75.00 price target on shares of NIKE in a research report on W…