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Benzinga
Benzinga
Business
Chris Katje

'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns

Footwear and apparel company Nike Inc. (NYSE:NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close.

Investors and analysts now have some major concerns after the latest report.

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