Nike's futures orders surge as demand in China, North America soars
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Brean Capital Believes Visibility on Nike (NKE) Remains High; Raises Price Target to $147
December 24, 2015 6:42 AM ESTBrean 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 ESTBrean 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 ESTPiper 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
Cowen Reiterates Outperform on Nike (NKE) Following 20% Futures Growth
December 23, 2015 6:48 AM ESTCowen 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
