JPMorgan Boosts Nike (NKE) to Overweight; Sees Strength in Flyknit, DTC, China Rebound

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Wedbush Starts Nike (NKE) at Neutral

February 11, 2013 5:26 PM EST

After the close, Wedbush initiated coverage on Nike (NYSE: NKE) with a Neutral rating and $56 price target.

Analyst Corinna Freedman said the current valuation as fair and reflective of the company's dominate market share. She is cautious on the 2nd-half of 2013 due to tough comps... More

JPMorgan Upgrades Nike (NKE) to Overweight

February 11, 2013 6:49 AM EST

JPMorgan upgraded Nike (NYSE: NKE) from Neutral to Overweight with a price target of $64.00 (from $50.00).

For an analyst ratings summary and ratings history on Nike click here. For more ratings news on Nike click here.

Shares of Nike closed at $54.59 yesterday, with a 52 week range of $50.59-$114.81.... More