B of A Securities Downgrades Nike to Underperform, Lowers Price Target to $30

Benzinga Newsdesk www.benzinga.com Negative 85.5%

Neg 85.5% Neu 0% Pos 0%

B of A Securities analyst Lorraine Hutchinson downgrades Nike (NYSE:NKE) from Neutral to Underperform and lowers the price target from $47 to $30.