** Shares of Nike NKE.N up as much as 1.5% to 72.37 in early trading
** Brokerage Piper Sandler upgrades stock to "overweight" from "neutral", raises PT by $18 to $90
** Says CEO Elliott's "intensified urgency" to clean up the marketplace by taking product back and providing markdown support to partners should translate to a more visible recovery into fiscal 2026
** Sees co's return to healthy, profitable growth is likely three or four quarters away, helped by product innovation, strong marketing and franchise, inventory actions
** Brokerage also sees direct-to-customer digital sales decreasing by ~$6 bln along with co's "managed" decline of key classic footwear franchises as the right strategic moves
** 22 of 42 brokerages rate the stock "buy" or higher, 18 "hold" and 2 "sell"; with a median PT of $90
** NKE fell ~30% last year
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。