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Scarborough Advisors Buys New Nike Stake as Analysts Set Mixed Targets

Nike logoNike
Sig1.15Sen+0.35Env0.00Soc0.00Gov0.00

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.

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