Wall Street’s Nike (NKE) Fandom at 25-Year Low as Bank of America Cuts to Sell

Bank of America downgraded Nike Inc. to sell on March 18, 2026, according to reporting by financial media outlets. The downgrade marks the lowest Wall Street enthusiasm for the sportswear company in at least 25 years, based on available analyst ratings data. Nike's stock price and recent financial performance prompted the shift in Bank of America's rating.

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