Buckingham Starts Nike (NKE) at Buy, Sets $97 Price Target

June 21, 2011 11:18 AM EDT
Get Alerts NKE Hot Sheet
Price: $40.73 -1.21%

Rating Summary:
    26 Buy, 28 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Buckingham Research initiated coverage on shares of Nike (NYSE: NKE) with a Buy rating and a $97 price target Tuesday morning.

With shares of Nike up 0.7 percent to $83.82 at last check, the firm's new price target represents potential upside of nearly 16 percent.

For more ratings news on Nike click here and for the rating history of Nike click here.


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