Why Nike Stock Was Climbing Today
Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than-expected Producer Price Index (PPI) report, showing inflation was falling faster than expected. The stock was also helped after Starbucks soared on news it was replacing its CEO, since many on social media said they would like Nike to make a similar move.
Shares of Nike were up 5.3% as of 2 p.m. ET on Tuesday.
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Source Fool.com
Nike Inc. B Stock
€36.44
-1.090%
Currently there is a rather positive sentiment for Nike Inc. B with 71 Buy predictions and 6 Sell predictions.
As a result the target price of 64 € shows a very positive potential of 75.66% compared to the current price of 36.44 € for Nike Inc. B.
