---
title: "Truist Cuts Nike to Sell as Jordan Demand and China Outlook Weaken"
url: https://thecoingazette.com/truist-cuts-nike-to-sell-as-jordan-demand-and-china-outlook-weaken/
date: 2026-11-06
modified: 2026-11-06
lang: en
author: "Coin Gazette Editorial"
description: "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."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 27
---

# Truist Cuts Nike to Sell as Jordan Demand and China Outlook Weaken

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.