The Latest Breaking News from Paul Lejuez

Nike stock rose early Monday after Citi upgraded the Dow Jones athletic retailer to buy based on margin recovery expectations.

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Citi analyst Paul Lejuez raised the price target on Oxford Industries Inc (NYSE: OXM) to $92 (6% downside) from $86. Meanwhile, the analyst kept the Sell rating on the shares.

Old Navy set out to make clothes shopping more inclusive for women of all body types. It ended up with too many extra-small and extra-large items and too few of the rest, a mismatch that frustrated customers and contributed to falling sales and a management shake-up.