Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change
Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive Elliott Hill as its new CEO.
Nike Stock Rallies on CEO Switch: What to Know
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
Nike’s stock soared after the news that Hill would replace current CEO John Donahoe, who will step down next month. Hill is a familiar face, spending basically his
Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike CEO change is a 'step in the right direction,' says Oppenheimer's Brian Nagel
Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean for the company, the path forward for the stock, and more.
Nike is changing CEOs, but analysts don't see a quick fix
In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.
Nike Stock Runs Toward Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
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Should You Buy Nike Stock Right Now With $100 and Hold Through 2024 and Beyond?
Had you invested in this consumer discretionary stock five years ago, you would've gained just 6% ... it right now with $100 and hold through 2024 and beyond? Nike is struggling to drive sales ...
Nike (NKE) Receives a Hold from Truist Financial
Truist Financial analyst Joseph Civello maintained a Hold rating on Nike (NKE – Research Report) today and set a price target of $85.00.
1 Magnificent S&P 500 Dividend Stock Down 24% to Buy and Hold Forever
In its fiscal 2024 (ended May 31), Nike made $51.4 billion in revenue. It was only up 1% year over year, but it was more than ...
Dow, S&P off records, Nike jumps on CEO change: Yahoo Finance
The major averages are searching for direction this morning after the Dow (^DJI) and S&P 500 (^GSPC) both closed at record ...
Nike: Management Shift and Financial Outlook Prompt Hold Rating
Nike (NKE – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Alexandra ...
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3 Reasons Nike Stock Can Be a Great Long-Term Buy
At just 22 times its trailing earnings ... If you're patient, this can be an excellent stock to buy and hold In the past, Nike's stock didn't look like a good buy to me due to its elevated ...