Wolfe Research initiates Nike at Underperform with $28 price target
Wolfe Research initiated coverage of Nike at Underperform with a $28 per share price target. The bank also set a $181 target for Abercrombie & Fitch.
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what happened
Wolfe Research initiated coverage of Nike shares with an Underperform rating and set a price target of $28 per share. Dow Jones Newswires reported the move, citing Benzinga's ratings data.
In a separate update from the same bank, the price target for Abercrombie & Fitch was set at $181 per share. The information was published on October 22, 2026.
why it matters
Analyst ratings of this kind usually reflect a view on individual companies and rarely move the broad market on their own. Investors treat them as one input when assessing prospects for apparel retail stocks.
tags
instruments
sources
- Nike Price Target Announced at $28.00/Share by Wolfe Research — Dow Jones Newswires, 22 October 2026 at 17:22 UTC
- Abercrombie & Fitch Price Target Announced at $181.00/Share by Wolfe Research — Dow Jones Newswires, 22 October 2026 at 17:28 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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