This Robinhood Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• China Renaissance analyst Cindy Wang initiated coverage on NIKE, Inc. (NYSE:NKE) with a Hold rating. Nike shares closed at $73.31 on Tuesday. See how other analysts view this stock.
• Compass Point analyst Ed Engel initiated coverage on Robinhood Markets, Inc. (NASDAQ:HOOD) with a Buy rating and announced a price target of $61. Robinhood shares closed at $40.10 on Tuesday. See how other analysts view this stock.
• JP Morgan analyst Bryan Smilek initiated coverage on Etsy, Inc. (NASDAQ:ETSY) with a Neutral rating and announced a price target of $50. Etsy shares closed at $44.66 on Tuesday. See how other analysts view this stock.

Considering buying NKE stock? Here’s what analysts think:

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