Nike (NKE) PT Raised to $80 at Jefferies on 1Q Report; 'North America Momentum Accelerating'
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Get Alerts NKE Hot Sheet
Price: $38.48 --0%
Rating Summary:
22 Buy, 29 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 20 | New: 12
Rating Summary:
22 Buy, 29 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 20 | New: 12
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Jefferies analyst Randal Konik raised the price target on Nike (NYSE: NKE) to $80.00 (from $75.00) while maintaining a Hold rating, following the company's first quarter earnings report.
Analyst Konik notes a positive outlook on the shares, as the company reported first quarter earnings per share and revenues above consensus projections driven by momentum in North America, despite a light revenue guidance for 2Q.
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