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Jefferies Maintains "Buy" Rating on Nike Shares Amid Strengthened Amazon Partnership
ByAinvest
Monday, Aug 25, 2025 9:53 am ET1min read
Jefferies reaffirms its 'buy' rating on Nike shares, citing the sportswear supplier's partnership with Amazon, which it believes strengthens the brand's ubiquity. The broker highlights Nike's recent return to Amazon sales and its features in the Amazon app and shopping page. Jefferies believes the last quarter marked a low point and remains aggressive in buying Nike shares at current levels, with a target price of $115.
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