Wednesday's analyst calls: Nike earnings reaction, Harley-Davidson gets a downgrade

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Investment Strategy Notícia

Stock Markets,Harley-Davidson Inc,Nike Inc

An apparel giant and a motorcycle maker were among the stocks being talked about by analysts on Wednesday.

Baird downgraded Harley-Davidson to neutral from buy. Meanwhile, several analysts on the Street reacted to Nike's latest quarterly figures. Check out the latest calls and chatter below. All times ET. Nike is 'getting back in shape,' say analysts Nike's fiscal first-quarter results show promising signs of a new chapter for the struggling athletic wear company, according to analysts. The company posted mixed quarterly results.

Nike is "getting back in shape … one step at a time," Katai said in a research note on Thursday. "NKE's 1Q print reinforced our view that the turnaround will be a marathon, not a sprint," Katai wrote. "This is why we are optimistic about incoming CEO Elliott Hill. He brings back much-needed institutional knowledge.

 

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