NKE - Nike upgraded at Oppenheimer as innovation and brand building to fuel share gains
2024-06-21 08:59:43 ET
Is this the last bad quarterly report for Nike, Oppenheimer asks? Over the past several quarters, the sportswear heavyweight has struggled “significantly” amid a confluence of unfavorable external and internal hindrances which have weighed “meaningfully” upon sales growth and profit expansion, the firm writes in Friday’s research report....
Nike upgraded at Oppenheimer as innovation and brand building to fuel share gains