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

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'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

On Wall Street, oil proffers modest Santa Claus rally

December 23, 2015 7:32 AM EST

By Noel Randewich

NEW YORK (Reuters) - Wall Street rallied for the third consecutive session on Wednesday, propelled by sharp gains in energy stocks as a rebound in oil prices boosted sentiment heading into the Christmas holiday.

The S&P 500 finished 1.24 percent higher, bringing its gain this week to almost 3 percent following a soft start to December.

For 2015, the S&P 500 has emerged into marginally positive territory, up 0.26 percent while the Dow Jones industrial average is down 1.24 percent. "There is a bit of a Santa Claus rally here. People want to feel good, they want to... 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

Nike (NKE) Tops Q2 EPS by 4c; Futures Orders up 20%, ex. FX

December 22, 2015 4:15 PM EST

Nike (NYSE: NKE) reported Q2 EPS of $0.90, $0.04 better than the analyst estimate of $0.86. Revenue for the quarter came in at $7.7 billion versus the consensus estimate of $7.81 billion.

Futures Orders: As of the end of the quarter, worldwide futures orders for NIKE... More