JPMorgan becomes bearish on Nike due to its long turnaround plan
The bank downgraded its rating on Nike to underweight from neutral, on worries that its "Win Now" plan will weigh on financials for the next few years.
Overview
The bank downgraded its rating on Nike to underweight from neutral, on worries that its "Win Now" plan will weigh on financials for the next few years.
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Originally published at www.cnbc.com.
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