Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes

Truist Slaps Nike With Sell Rating As Jordan Franchise Implodes Nike's rally from roughly $34 a share in October to above $40 by midweek has done little to ease Wall Street analysts' skepticism about its turnaround strategy.Earlier this week, UBS analyst Pilar Rocafort told clients, "It's still not time to buy Nike.…

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