Retail News

Analyst upgrades Nike stock following Kaepernick ad

CNBC 09/11/2018

Camilo Lyon, an analyst with Camilo Lyon, has upgraded the rating on Nike from neutral to buy with the expectation that the athletic wear brand’s stock will increase 15 percent over the next year. “We believe Nike’s new ‘Just Do It’ ad campaign with Colin Kaepernick was a stroke of genius,” Mr. Lyon wrote in a note to clients.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!