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Nike's headwinds are set to dissipate hence price target raise, says Wells Fargo's Ike Boruchow
Youtubeยท 2025-11-13 18:44
Wells Fargo upped its price target from 60 bucks to 75, implying a 15% upside from here. Let's bring in the analyst behind the call, Ike Borshaw, senior analyst at Wells Fargo Securities. What kind of visibility did you want that you got.>> Yeah, uh, thanks for having us. Um, I think it's twofold. I I think there's two things on revenue that are really starting to take hold.And remember, we're about 12 to to 15 months into new CEO Elliot Hill's tenure. So, the timeline kind of makes sense, but number one, t ...