NKE Jan 2025 120.000 put
| Previous close | 37.80 |
| Open | 37.87 |
| Bid | 36.00 |
| Ask | 40.00 |
| Strike | 120.00 |
| Expiry date | 2025-01-17 |
| Day's range | 37.86 - 37.87 |
| Contract range | N/A |
| Volume | |
| Open interest | 2 |
Simply Wall St.Many Would Be Envious Of NIKE's (NYSE:NKE) Excellent Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
- Yahoo Finance Video
Nike to see 'quick sentiment boost' from new CEO: Analyst
Ahead of Elliott Hill taking over as Nike (NKE) CEO this Monday, Truist upgrades Nike to Buy from a Hold rating and raises its price target for the stock to $97 per share from $83. Truist analyst Joseph Civello joins Catalysts Hosts Seana Smith and Madison Mills to outline why this C-suite change prompted the bullish shift. Civello says investors have been waiting for the sentiment around the company to shift. “A lot of people have been expecting a turnaround to come up soon. They've been looking at the stock and think about, ‘This is an incredible brand,’ but we've seen some downside here,” which he credits to “sluggish innovation,” among other factors. This turnaround hasn't happened yet, Civello says. The analyst says the catalyst could be incoming “with Mr. Hill taking the helm,“ explaining that he's a 'tenured industry vet. He knows the company well. He knows their partners. He knows the customers. I think he can come in and make some changes, really refresh the business, and do things that investors want to see.” “We could see a pretty quick sentiment boost as long as they can handle some of the low-hanging fruit that I think [investors] are looking for,” he adds. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.
Barrons.comNike Taps Another Company Veteran as Its Management Shakeup Continues
Nike is tapping another longtime employee to help kick-start its turnaround strategy, continuing the executive shuffle that began with its recent appointment of a new CEO. The athletic-wear brand said Thursday that veteran Tom Peddie will head its business in North America—its biggest market. The announcement comes just before Nike’s new CEO Elliott Hill takes the helm on Oct. 14, succeeding current Chief Executive John Donahoe.
