The Sector Perform rating reflects a neutral stance on the stock, with the revised price target of $65.00 representing a modest decrease from the previous target. In other recent news, Nike Inc. has announced a reorganization of its leadership team, aligning with its strategic "Win Now" plan. Amy Montagne has been promoted to President of Nike, while Phil McCartney and Nicole Graham have taken on the roles of EVP, Chief Innovation, Design & Product Officer, and EVP, Chief Marketing Officer, respectively. This reshuffle follows the retirement announcement of Heidi O'Neill, who will remain as an advisor until September 2025. Analysts from Stifel have maintained a Hold rating on Nike stock with a $64 price target, acknowledging the leadership changes and their alignment with Nike's strategic goals. Meanwhile, Telsey Advisory Group has adjusted its price target for Nike shares to $70, down from $80, maintaining a Market Perform rating.