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Canaccord Genuity Upgrades Nike to ‘Buy’ after Kaepernick Ad

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Canaccord Genuity Upgrades Nike to ‘Buy’ after Kaepernick Ad

Canaccord Genuity analyst Camilo Lyon upgraded Nike (NKE) from “neutral” to “buy” on September 11. The analyst particularly appreciated Nike’s decision to feature NFL quarterback Colin Kaepernick in its latest ad campaign.