Nike Stock, Retailers Downgraded On Tariffs, 'Mild' Recession Expectations
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Nike stock retreated on a downgrade Wednesday as Wells Fargo revised targets for a number of retailers. Wells Fargo on Wednesday reportedly slashed earnings estimates across the U.S. apparel sector as the firm anticipates a difficult second half of the year amid tariff pressures and…
This story appeared on investors.com, 2025-04-30 15:30:38.