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Nike has said it can make more than double the profit selling goods through its own website and physical stores than it can through wholesale partners. Nike has executed a strategy to focus its ...
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 ...
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He rejoined at a critical time for Nike, which recently announced a renewed focus on the wholesale sector after pulling out of many doors in 2021 to focus on direct-to-consumer sales.
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