Nike's New Product Focus Makes Jefferies 'Massively Bullish' -- Market Talk

Dow Jones

2025/03/01

1312 ET - Jefferies pounds the table again today on Nike, with analyst Randal Konik on a call with investors saying he's "massively bullish" on the stock. Jefferies earlier this week upgraded Nike to buy from hold and upped the price target to $115 from $75. Konik says he was very negative on Nike over the past two years because of market share losses and categories slowing that put earnings at risk. Konik says Nike's former CEO John Donahoe was the wrong leader for the sportswear brand given his background at eBay. Meanwhile, current CEO Elliott Hill knows that Nike has to improve product and balance distribution, Konik says. "If Walmart can double in 2 years, why can't Nike?," Konik adds. Nike shares are down 2% to $78.50. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

February 28, 2025 13:13 ET (18:13 GMT)

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Jefferies earlier this week upgraded Nike to buy from hold and upped the price target to $115 from $75. Konik says he was very negative on Nike over the past two years because of market share losses and categories slowing that put earnings at risk. Konik says Nike's former CEO John Donahoe was the wrong leader for the sportswear brand given his background at <a href=\"https://laohu8.com/S/EBAY\">eBay</a>. Meanwhile, current CEO Elliott Hill knows that Nike has to improve product and balance distribution, Konik says. \"If Walmart can double in 2 years, why can't Nike?,\" Konik adds. Nike shares are down 2% to $78.50. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 13:13 ET (18:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike's New Product Focus Makes Jefferies 'Massively Bullish' -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike's New Product Focus Makes Jefferies 'Massively Bullish' -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-01 02:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1312 ET - Jefferies pounds the table again today on Nike, with analyst Randal Konik on a call with investors saying he's \"massively bullish\" on the stock. Jefferies earlier this week upgraded Nike to buy from hold and upped the price target to $115 from $75. Konik says he was very negative on Nike over the past two years because of market share losses and categories slowing that put earnings at risk. Konik says Nike's former CEO John Donahoe was the wrong leader for the sportswear brand given his background at <a href=\"https://laohu8.com/S/EBAY\">eBay</a>. Meanwhile, current CEO Elliott Hill knows that Nike has to improve product and balance distribution, Konik says. \"If Walmart can double in 2 years, why can't Nike?,\" Konik adds. Nike shares are down 2% to $78.50. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 13:13 ET (18:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823411888.USD","symbol_name":"法巴消费创新基金 Cap","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516377002","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516377002","pubTimestamp":1740766380,"columns":[{"name":"产品发布","id":31,"label_key":"productRelease"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1312 ET - Jefferies pounds the table again today on Nike, with analyst Randal Konik on a call with investors saying he's \"massively bullish\" on the stock. Jefferies earlier this week upgraded Nike to buy from hold and upped the price target to $115 from $75. Konik says he was very negative on Nike over the past two years because of market share losses and categories slowing that put earnings at risk. Konik says Nike's former CEO John Donahoe was the wrong leader for the sportswear brand given his background at eBay. Meanwhile, current CEO Elliott Hill knows that Nike has to improve product and balance distribution, Konik says. \"If Walmart can double in 2 years, why can't Nike?,\" Konik adds. Nike shares are down 2% to $78.50. 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Konik says he was very negative on Nike over the past two years because of market share losses and categories slowing that put earnings at risk. Konik says Nike's former CEO John Donahoe was the wrong leader for the sportswear brand given his background at eBay. Meanwhile, current CEO Elliott Hill knows that Nike has to improve product and balance distribution, Konik says. \"If Walmart can double in 2 years, why can't Nike?,\" Konik adds. Nike shares are down 2% to $78.50. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 13:13 ET (18:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}