Nike Stock's Bulls: Time To Pull The Plug (Rating Downgrade) (NYSE:NKE)
· seekingalpha.com
Nike stock downgraded to Sell as sales slide and margins face pressure; premium valuation looks unjustified despite turnaround plans. See more on NKE here.
In late September, I provided an earnings preview for Nike, Inc. ( NKE ). I decided to reiterate my cautious hold rating on the stock. While the shift in their ...