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Is Nike consolidating before a fresh rally?
NKENIKE(NKE) MarketBeat·2024-01-26 15:27

Key PointsShares have struggled since last month's earnings report but have been consolidating for the past week. Despite the negative outlook, analysts remain cautiously bullish, and the stock trades below most price targets. From a valuation perspective, as well as a technical perspective, Nike also trades favorably. 5 stocks we like better than Lululemon AthleticaFor a stock that could do nothing wrong for a long time, it's been a tough couple of months for Nike Inc. NYSE: NKE. A dodgy earnings report la ...