This Nike Analyst Turns Bearish; Here Are Top 5 Downgrades For Friday

B of A Securities analyst Lorraine Hutchinson downgraded Nike Inc (NYSE: NKE) from Neutral to Underperform, reducing the price target from $47 to $30, while Nike's stock closed at $35.99 on Thursday. This downgrade is part of a broader trend, as analysts have also downgraded several other companies, including Comcast and Twilio, indicating a cautious outlook in the market.