UBS Raises Price Target on Nike (NKE) Following EPS Beat

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Pre-Open Stock Movers 06/26: (GIGM) (FINL) (NKE) Higher; (CLDN) (RGSE) (MU) Lower (more...)

June 26, 2015 9:19 AM EDT

Celladon (Nasdaq: CLDN) 43.2% LOWER; confirmed its plans to suspend further research or development of its MYDICAR (AAV1/SERCA2a) program and its other pre-clinical programs including the Stem Cell Factor (mSCF) gene therapy and SERCA2b small... More

Canaccord Genuity Maintains a Hold Rating on Nike (NKE) Following 15c EPS Beat

June 26, 2015 8:58 AM EDT

Canaccord Genuity maintains a Hold rating on Nike (NYSE: NKE), and raised the price target to $104.00 (from $96.00), following Q4 results. NKE reported Q4 EPS of 98c vs. 83c consensus estimate. Analyst Camilo Lyon believes that the beat was mainly driven by a lower tax rate and higher other income related to FX hedging gains.

Lyon commented, "NKE reported Q4 EPS of 98c vs. our 83c consensus estimate. Relative to our model, the beat was mainly driven by a lower... More

Under Armour (UA) in Focus Following Nike (NKE), Finish Line (FINL) Quarterly Results

June 26, 2015 8:31 AM EDT

Under Armour (NYSE: UA) is on watch Friday following strong quarterly results from Finish Line (NASDAQ: FINL) and Nike (NYSE: NKE).

After markets closed Thursday, Nike... More

Nike (NKE) PT Lifted to $125 at Nomura Securities

June 26, 2015 7:49 AM EDT

Nomura Securities analyst Robert Drbul reiterated a Buy rating and boosted his price target on Nike (NYSE: NKE) to $125.00 (from $110.00) following strong Q4 results.

Drbul commented, "Nike reported strong 4Q results, incl. a 5% total revenue increase (+13% in CC), with +DD growth in its 3 key markets: North America (+13%), Western Europe (+17% in CC), and Greater China... More

Piper Jaffray Raises Price Target on Nike (NKE) Following 4Q Results

June 26, 2015 7:19 AM EDT

Piper Jaffray reiterates an Overweight rating on Nike (NYSE: NKE), and raised the price target to $120.00 (from $115.00), following 4Q15 results. NKE's EPS came in at $0.98 vs. Piper Jaffray's $0.82 estimate and Street's $0.83 estimate.

Analyst Erinn Murphy commented, "We are reiterating our Overweight... More

Cowen Raises Price Target on Nike (NKE) Following 4Q EPS Beat

June 26, 2015 7:02 AM EDT

Cowen reiterates an Outperform rating on Nike (NYSE: NKE), and raised the price target to $125.00 (from $120.00), following 4Q15 results. NKE reported EPS of $0.98 vs. consensus of $0.83. Management reiterated FY2016 guidance for mid-single-digit top-line growth.

Analyst John Kernan commented, "We are raising our... More

Nike (NKE) PT Raised to $122 at Jefferies Post Q4

June 26, 2015 6:54 AM EDT

Jefferies analyst Edward Plank boosted estimates and his price target on Buy-rated Nike (NYSE: NKE) to $122.00 (from $120.00) following strong results after the close.

Plank commented, "Nike exceeded expectations on nearly all fronts in F4Q, bolstering our confidence on the co's momentum... More

After-Hours Stock Movers 06/25: (NKE) (VNCE) (ZTS) Higher; (MU) (SNX) (SNDK) Lower (more...)

June 25, 2015 6:04 PM EDT

Micron Technology (Nasdaq: MU) 11.4% LOWER; reported Q3 EPS of $0.54, $0.02 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $3.85 billion versus the consensus estimate of $3.9 billion. Sees Q4 Sales of $3.45-$3.7 billion vs the consensus of $4.16 billion.

SYNNEX Corp. (NYSE: SNX) 9.8% LOWER; reported Q2 EPS of $1.55, $0.02 better than the analyst estimate of $1.53. Revenue for the quarter came in at... More

Market Wrap: Key Obamacare Item Passes Muster; Splitsville for IAC/InterActive, Match Group; Nike 'Just Did It' in Q4

June 25, 2015 5:18 PM EDT

Market wrap for June 25th

End of the Day: S&P 500 down 6.3 to 2,102.31; Dow Jones down 75.7 to 17,890.36; Nasdaq down 10.2 to 5,112.19

Market Brief: Stocks were lower once again on diminishing hopes that a deal between Greece and its creditors would come to fruition. Negotiations between the two sides are now expected to stretch into the weekend.

Personal income was flat with expectations in May as spending outpaced.

IAC/InterActive is breaking up with its Match Group as it looks to IPO the... More

Nike (NKE) Tops Q4 EPS by 15c; Global Futures Orders up 13%, Outpacing Views

June 25, 2015 4:16 PM EDT

Nike (NYSE: NKE) reported Q4 EPS of $0.98, $0.15 better than the analyst estimate of $0.83. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.69 billion.

Worldwide futures orders up 2 percent; 13 percent growth excluding currency changes. Consensus estimates called for a 10.4... More

Trading Radar for 6/25: Nike (NKE), Micron (MU), Barnes & Nobls (BKS), Winnebago (WGO) Report

June 24, 2015 2:35 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 271kContaining Claims - Street sees 2.215MPersonal Spending - Street sees 0.7%Personal Income... More