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This article first appeared on Simply Wall St News.
After an exceptional performance in Q4 2021, NIKE, Inc. (NYSE: NKE) led the market decline, shedding almost one-third of its value. It was unquestionably, influenced by the fresh concerns about the latest COVID-related shutdowns in China.
While institutions are taking a positive stance, our valuation analysis shows that the stock isn't that far from its fair value.
Check out our latest analysis for NIKE
Some Supply-Chain Issues Still Remain...
>>> Read more: In Contrast to Institutional Opinion, NIKE (NYSE:NKE) Might not be as Far from its Fair Value
After an exceptional performance in Q4 2021, NIKE, Inc. (NYSE: NKE) led the market decline, shedding almost one-third of its value. It was unquestionably, influenced by the fresh concerns about the latest COVID-related shutdowns in China.
While institutions are taking a positive stance, our valuation analysis shows that the stock isn't that far from its fair value.
Check out our latest analysis for NIKE
Some Supply-Chain Issues Still Remain...
>>> Read more: In Contrast to Institutional Opinion, NIKE (NYSE:NKE) Might not be as Far from its Fair Value
