BofA Securities upgrades Feng Tay stock to Buy on Nike turnaround hopes
PositiveFinancial Markets

BofA Securities has upgraded Feng Tay's stock to a 'Buy' rating, fueled by optimism surrounding a potential turnaround for Nike. This upgrade is significant as it reflects confidence in Feng Tay's ability to benefit from Nike's recovery, which could lead to increased sales and profitability for the company. Investors are likely to pay close attention to this development, as it may signal a positive shift in the market.
— Curated by the World Pulse Now AI Editorial System