What's In Store For Nike In Q1? Analyst Highlights China Vs.

Goldman Sachs analyst Brooke Roach reiterated the Buy rating on Nike, Inc. NKE with a price forecast of $105.According to the analyst, the company’s first-quarter results, set to be released on October 1, are expected to be healthy, with attention focused on trends in China versus North America.That said, investors are cautious about the pace and timeline for the brand’s return to growth due to mixed signals from the Chinese market and uncertainty surrounding franchise management actions, including the exte ...