The average brokerage recommendation (ABR) for Nike (NKE) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
On June 5, 2024, Matthew Friend, Executive Vice President and Chief Financial Officer of Nike Inc (NYSE:NKE), sold 9,350 shares of the company.
Lululemon (LULU) continued to reaffirm its attractive growth prospects are still intact after beating Q1 top and bottom-line expectations on Wednesday.