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Bank of America Merrill Lynch to substantially lower nike air max 90 profit forecast, target price cut by 4.7 yuan to 4.1 yuan, to maintain the "big loser run the city" rating. Barclay is the most pessimistic,http://www.nikeairmaxuk2012k.com/ ruthless cut Nike target price of 60%, from 6.5 yuan to 2.7 yuan, investment rating from "big city" and to "reduce".

Deutsche Bank has also recently the nike air max 95 target price to HK from 8.5 down to 5.4 Hong Kong dollars, 2012 - 2014 fiscal year earnings per share by 16% - 26%, to maintain the hold rating. The agency said, Nike sports in June fell 26% (Hang Seng index rise by 4% over the same period), decline should be composed mainly of lining and peak issued a profit warning and Nike sports in China in the future orders slowdown driven by.

Goldman Sachs research report pointed out, cheap nike air max brand is facing a series of structural problems, such as: low end demand growth is slow, from the international first-line brand Nike and Adidas competition, brand asset is low, lack of differentiation.

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