Nike, Block, Twilio: Top Analyst Calls
Morning Brief anchors Seana Smith and Brad Smith highlight the latest stock calls on Wall Street. Jefferies analysts have upgraded Nike (NKE) to Buy from Hold, raising their price target to $150 per share. Analysts express optimism about the sportswear giant's two-year recovery strategy, highlighting new CEO Elliott Hill's commitment to strengthening retail partnerships and accelerating product innovation. BMO analysts have lifted Block (XYZ) to Outperform from Market Perform. Analysts note the company's post-earnings decline created a compelling opportunity for potential investors. Finally, Morgan Stanley has raised Twilio (TWLO) stock to Overweight from Equal Weight with a new price target of $160 per share. The firm cites growing confidence in the company's strategy to boost profit margins while maintaining growth momentum. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith