B of A Securities Downgrades Nike to Neutral, Lowers Price Target to $55

Benzinga Newsdesk www.benzinga.com Negative 86.6%

Neg 86.6% Neu 0% Pos 0%

B of A Securities analyst Lorraine Hutchinson downgrades Nike (NYSE:NKE) from Buy to Neutral and lowers the price target from $73 to $55.