Nike's Sneaker Buzz And Tariff Risks Could Shape Its Future: Analyst
1. Needham analyst maintains Buy rating with a $75 price target for NKE. 2. High-demand sneaker releases indicate strong consumer market trends. 3. Tariffs on footwear could threaten profit margins significantly. 4. Nike's new shoe, ReactX Rejuven8, gains traction and sells out quickly. 5. Positive consumer response to recent product launches signals potential market rebound.