NIKE, Inc. Reports Fiscal 2016 Second Quarter Results

Go back to NIKE, Inc. Reports Fiscal 2016 Second Quarter Results

Brean Capital Believes Visibility on Nike (NKE) Remains High; Raises Price Target to $147

December 24, 2015 6:42 AM EST

Brean Capital reiterated a Buy rating on Nike (NYSE: NKE), and raised the price target to $147.00 (from $144.00), following the company's 2Q earnings report. NKE reported decent 2Q upside, with EPS of $0.90 coming in above consensus estimates of $0.86. Revenue came below cons est... More

Brean Capital Raised Price Target on Nike (NKE) Following 2Q EPS Beat

December 23, 2015 9:58 AM EST

Brean Capital reiterated a Buy rating on Nike (NYSE: NKE), and raised the price target of $147.00 (from $144.00), following the company's 2Q earnings report. NKE reported decent 2Q upside, with EPS of $0.90 coming in above consensus estimates of $0.86. While revenues came in below consensus estimates... More

Piper Jaffray Remains Bullish on Nike (NKE) Following Solid 2Q

December 23, 2015 8:54 AM EST

Piper Jaffray reiterated an Overweight rating and $140.00 price target on Nike (NYSE: NKE) following the company's 2Q earnings report. EPS of $0.90 was above the Street at $0.86 estimate. Revenue increased +4.1%, while constant currency revenue growth was up 12%.

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

Nike (NKE) Will Continue to Beat Guidance - Sterne Agee CRT

December 23, 2015 8:09 AM EST

Sterne Agee CRT analyst, Sam Poser, believes that Nike Nike (NYSE: NKE) has multiple triggers to pull to make or beat its guidance, including the timing of its market expansion, SG&A spending, and share repurchases. Current guidance is base case scenario, and assumes a margin hit in 3Q, as Nike works through excess inventory in North America. Future orders are up 20% (FX-neutral)... More

Nike's (NKE) Price Target Raised to $150 at Deutsche Bank Following 'Impressive' Q2 Results

December 23, 2015 7:45 AM EST

Deutsche Bank reiterated a Buy rating on Nike (NYSE: NKE) and raised its price target to $150.00 (from $140.00). Analyst Dave Weiner called Q2 results "impressive."

"Following up on an impressive Investor Day in mid-Oct., last night Nike delivered a headline F2Q... More

Nike (NKE) PT Lifted to $152 at Jefferies on Strong Q2

December 23, 2015 7:09 AM EST

Jefferies analyst Edward Plank reiterated a Buy rating and raised his price target on Nike (NYSE: NKE) to $152.00 (from $150.00) following better-than-expected Q2 results.

Plank commented, "Nike again delivered ahead of expectations, the results of which speak to the brands power and market positioning... More

Cowen Reiterates Outperform on Nike (NKE) Following 20% Futures Growth

December 23, 2015 6:48 AM EST

Cowen maintained an Outperform rating and $150.00 price target on Nike (NYSE: NKE) following the company's 2Q16 earnings report. Nike reported constant currency futures growth of +20%, its highest futures growth rate since before 2010. Futures growth was led by units +12% and ASPs +8%. This compares to... More