Ameriprise Financial Inc. Has $429.72 Million Holdings in NIKE, Inc. $NKE

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Ameriprise Financial Inc. significantly increased its stake in NIKE, Inc. during the third quarter, now holding over 6.2 million shares valued at $429.72 million. This comes as NIKE receives mixed sentiment from Wall Street analysts, with some restating “outperform” ratings and others lowering price targets. The company recently announced a quarterly dividend and saw insider buying activity.

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