{"id":"tp-50429","type":"article-newspaper","title":"Truist Cuts Nike to Sell as Jordan Demand and China Outlook Weaken","author":"Enna Lee","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/investing/50429","datePublished":"2026-11-06T23:55:05.000Z","dateModified":"2026-11-06T23:55:05.000Z","language":"en","abstract":"Truist kept its $29 price target as analyst Joseph Civello pointed to a 19% share gain, pressure across Jordan and Sportswear, and a worsening Greater China outlook.","section":"Investing","references":[{"title":"Nike's Jordan retro release plan","url":"https://www.tokenpost.com/news/business/49133"}]}