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Traders Sell Nike Inc (NKE) on Strength After Analyst Downgrade

2016-01-23 02:14:55| Footwear - Topix.net

Investors sold shares of Nike Inc on strength during trading on Friday after Goldman Sachs lowered their price target on the stock from $75.50 to $74.00, AnalystRatings.NET reports. $75.55 million flowed into the stock on the tick-up and $114.02 million flowed out of the stock on the tick-down, for a money net flow of $38.47 million out of the stock.

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