Scarborough Advisors Buys New Nike Stake as Analysts Set Mixed Targets
Scarborough Advisors LLC bought a new position in Nike shares worth about $25,000 in the first quarter. Truist maintained a hold rating with a $42.00 target, while Wells Fargo cut its target from $45.00 to $40.00 with an equal weight rating. Meeder Asset Management acquired additional shares. The CFO and executive vice president reduced holdings after sales, while call options buying ran above typical levels.