21 October 2022 | Other

UBS confirms Buy rating for Nike stock

The UBS survey shows that the majority of people still prefer Nike to other athletic wear brands. UBS considers Nike clothing to be the most suitable for sports activities. Thus, the brand, despite its many years of existence, continues to gain popularity and increase influence around the world.

For business, Nike uses an effective, according to some analysts, strategy called DTC. It means that the company bypasses wholesalers and distributors and delivers goods directly to consumers. At the moment, analysts rated Nike as Buy, setting the target price of $141 per share.

On the other hand, HSBC analysts are more skeptical towards the athletic wear brand. They set the target price at $100 per share, thereby rating it as Hold.

Company MarketCheese
Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Yesterday at 11:38 AM 132
Period: 24.09.2025 Expectation: 1500 pips
USDCAD is set to fall ahead of interest rate decisions
Yesterday at 10:57 AM 115
Period: 23.09.2025 Expectation: 500 pips
NVIDIA shares approach gap closure at $170.50
Yesterday at 10:26 AM 102
Period: 31.12.2025 Expectation: 200 pips
Buying NVIDIA shares with $195 in view
Yesterday at 08:54 AM 32
Period: 24.09.2025 Expectation: 1300 pips
EURUSD is expected to correct after Fed announces rate decision
Yesterday at 07:14 AM 120
Period: 23.09.2025 Expectation: 3000 pips
Buying Bitcoin with $118,800 target amid consolidation
16 September 2025 265
Go to forecasts