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Is Nike's Stock Still A Buy At All-Time Highs? The Street Debates
Monday, December 21, 2020 - 11:25am | 636Nike Inc (NYSE: NKE) reported fiscal second-quarter results that came in better-than-expected and sent shares running to new all-time highs. The Analysts: Needham analyst Rick Patel maintains a Buy rating on Nike's stock with a price target lifted from $149 to $165. Raymond James analyst...
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Why RBC Is Bullish On Nike, Cautious On Under Armour
Thursday, November 12, 2020 - 11:30am | 425RBC Capital Markets analysts initiated coverage of Nike Inc (NYSE: NKE) with a bullish rating while the research firm is more cautious on smaller rival Under Armour Inc (NYSE: UAA). The Analyst: Kate Fitzsimons initiated coverage of Nike's stock with an Outperform rating and $145 price target....
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2 Nike Analysts Give Q4 Report A Pass
Friday, June 26, 2020 - 10:26am | 435Nike Inc (NYSE: NKE) reported a surprise EPS loss and revenue decline in its fourth-quarter report Thursday. Despite a shortfall versus expectations, some Street analysts remain bullish on the athletic giant. Refinitiv's Martis Focuses On Nike's Message Investors may want to overlook Nike...
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Cramer On Nike: Company 'In Control Of Its Destiny'
Thursday, September 26, 2019 - 12:23pm | 347Investors who assume Nike Inc (NYSE: NKE) would underperform in China amid the ongoing trade war were proven wrong by the company's first-quarter report, said CNBC's Jim Cramer. What Happened The U.S.-China trade war thereotically implies that now is the "worst possible moment...
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Bernstein Turns Incrementally Bullish On Nike
Friday, June 29, 2018 - 8:41am | 375Nike Inc (NYSE: NKE) reported a strong earnings beat in its fiscal fourth- quarter, which initially sent shares above its 52-week high. But shareholders late to buy the stock could still see returns from current levels. The Analyst Bernstein's Jamie Merriman maintains an Outperform rating on...
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Up To 5,000 Chinese Staff On Strike At Nike And Adidas Supplier
Thursday, March 19, 2015 - 10:55am | 258Update from Adidas: Adidas Group does not source from the factory which is affected by the strike. Pou Chen Group’s factory “Yue Yuen” is an adidas Group supplier, but the adidas Group production facility in Dongguan/China, called Y6, is fully operational. Democratic...
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Credit Suisse: Nike Could Achieve 20% EPS Growth In 2015
Wednesday, December 10, 2014 - 9:07am | 161Christian Buss of Credit Suisse commented in a note on Wednesday that Nike Inc (NYSE: NKE) is in a position to drive 20 percent earnings per share growth in fiscal 2015. "With dominant market share, the deepest pockets, and consistent innovation, we expect Nike to continue to capture market share...