This Nike Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• JP Morgan analyst Tami Zakaria downgraded the rating for PACCAR Inc (NASDAQ:PCAR) from Overweight to Neutral and lowered the price target from $105 to $90. PACCAR shares closed at $90.29 on Tuesday. See how other analysts view this stock.
• Leerink Partners analyst Puneet Souda downgraded the rating for NeoGenomics, Inc. (NASDAQ:NEO) from Outperform to Market Perform and cut the price target from $25 to $9. NeoGenomics shares closed at $6.58 on Tuesday. See how other analysts view this stock.
• Wells Fargo analyst Ike Boruchow downgraded the rating for NIKE, Inc. (NYSE:NKE) from Overweight to Equal-Weight and cut the price target from $75 to $55. Nike shares closed at $57.54 on Tuesday. See how other analysts view this stock.
• Leerink Partners analyst Puneet Souda downgraded Quanterix Corporation (NASDAQ:QTRX) from Outperform to Market Perform and slashed the price target from $12 to $8. Quanterix shares closed at $6.05 on Tuesday. See how other analysts view this stock.
• Wells Fargo analyst Ike Boruchow downgraded The Gap, Inc. (NYSE:GAP) from Overweight to Equal-Weight and lowered the price target from $30 to $24. Gap shares closed at $21.76 on Tuesday.  See how other analysts view this stock.

Considering buying Nike stock? Here’s what analysts think:

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