Analysts recommend buying Nike on coronavirus weakness: ‘Multi-year buying opportunity’
Nike shoes are displayed at a Nike Store in San Francisco, California.
Justin Sullivan | Getty Images
Analysts on Wall Street recommend buying the recent dip in Nike’s stock, which is getting hit on worries about the impact of the coronavirus epidemic.
UBS upgraded shares of Nike to buy from neutral and JPMorgan added the stock to its “analyst focus list” on Monday, sending shares of the…