UPDATE: Nike (NKE) Sees FY16 Sales Up Mid Single Digits
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Nike (NKE) PT Raised to $110 at Cowen
March 20, 2015 8:57 AM EDTCowen analyst John Kernan reiterated an Outperform rating and boosted his price target on Nike (NYSE: NKE) to $115.00 (from $110.00) following Q3 results which showed gross margin expanded while product demand remained robust.
Kernan commented, "Demand for Nike Brand apparel and footwear remains robust... More
Nike (NKE) Price Target Raised to $110 at UBS
March 20, 2015 8:05 AM EDTUBS maintained a Buy rating on Nike (NYSE: NKE) and raised its price target of $110.00 (from $107.00). The change follows Q3 results and strong FY16 guidance.
"Based on our recent investor meetings, we believe buyside sentiment was that Nike would struggle to deliver a combo of solid +DD futures growth, GM upside, and guidance for +HSD/LDD reported FY16 EPS growth amid an industry... More
Nike (NKE) PT Upped to $101 at Piper Jaffray; 'Neutral' Maintained
March 20, 2015 6:51 AM EDTPiper Jaffray analyst Erinn E. Murphy raised her price target on Nike (NYSE: NKE) to $101.00 (from $88.00) following Q3 results but stopped short of upgrading the stock and maintained a Neutral rating.
Murphy commented, "We are raising our PT to $102 following... More
Nike (NKE) Fair Value Target Lifted to $110 at Janney Capital
March 20, 2015 6:48 AM EDTJanney Capital analyst Eric Tracy reiterated a Buy rating and raised his fair value target on Nike (NYSE: NKE) to $110.00 (from $100.00) following solid Q3 core business results.
Tracy commented, "We remain constructive on NKE after the 3Q print, but we do believe... More
