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Nike (NKE) Stock Downgraded by HSBC Amid Tariff Headwinds and Sluggish Recovery

Blocknomi Published 14.04.2026 09:26

TLDR HSBC cut its Nike rating from “Buy” to “Hold,” setting a $48 price objective amid extended recovery timeline and revenue headwinds Shares opened at $42.59, hovering just above the…

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