Nike’s China Challenges Remain in Focus as BNP Paribas Maintains Bearish Outlook

NIKE, Inc. (NYSE:NKE) is included among the 13 Best Income Stocks with Highest Upside Potential. Nike’s China Challenges Remain in Focus as BNP Paribas Maintains Bearish Outlook On February 27, BNP Paribas reiterated an Underperform rating on NIKE, Inc. (NYSE:NKE). It set a $35 price target on the shares. The firm said that Pou Sheng, one of China’s two major sporting goods retailers, issued a profit warning overnight. The firm noted that it had already identified China as a concern three years ago when ...