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
Brent sell
Period: 15.12.2025 Expectation: 150 pips
Selling Brent from resistance at $64.4
Today at 07:40 AM 1
Period: 27.11.2025 Expectation: 270 pips
Buying USDJPY amid fiscal risks and weaker yen
Today at 06:46 AM 13
Period: 25.11.2025 Expectation: 1200 pips
NVIDIA’s quarterly report may send its shares down to $170
Yesterday at 12:11 PM 39
Period: 26.11.2025 Expectation: 1050 pips
USDCAD hovers near lower boundary of ascending channel
Yesterday at 11:02 AM 34
Period: 30.06.2026 Expectation: 15000 pips
Selling USDJPY from upper limit of descending triangle
Yesterday at 09:42 AM 27
Period: 30.04.2026 Expectation: 21000 pips
Buying Bitcoin from support at $86,000
Yesterday at 08:37 AM 19
Go to forecasts