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

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

Pre-Open Stock Movers 12/23: (ADMS) (ROVI) (CELG) Higher; (GBSN) (BBBY) (MU) Lower (more...)

December 23, 2015 9:26 AM EST

Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) 34% HIGHER; announced that its Phase 3 EASE LID clinical trial evaluating the companys investigational compound ADS-5102 (amantadine HCl) extended-release capsules for the treatment of levodopa-induced dyskinesia (LID) associated with Parkinsons disease met its primary endpoint. Results... 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

After-Hours Stock Movers 12/22: (CELG) (CHD) (NKE) Higher; (GBSN) (GALE) (MU) Lower (more...)

December 22, 2015 6:09 PM EST

Great Basin Scientific (NASDAQ: GBSN) 14.2% LOWER; update on its warrant issuance. MORE

Celgene Corporation... More

Market Wrap: Existing Sales Have Dour Nov.; Nike Gains on Futures Orders; Abercrombie & Fitch Names Key Exec

December 22, 2015 5:19 PM EST

Market wrap for December 22nd

End of the Day: S&P 500 up 17.8 to 2,038.97; Dow Jones up 165.7 to 17,417.27; Nasdaq up 32.2 to 5,001.11

Market Brief: Markets showed unenthusiastic movement Tuesday amid the shortened holiday week. However, expected light volume could make for some exciting trading action in some stocks.

The third GDP number for Q3 came in just better than expected at 2.0 percent growth.

Nike reported strong Q2 results as future orders outpaced.

Existing home sales slumped in November.

The Nevada... More

Nike's futures orders surge as demand in China, North America soars

December 22, 2015 4:34 PM EST

By Yashaswini Swamynathan

(Reuters) - Nike Inc (NYSE: NKE), the world's largest footwear maker, reported futures orders that breezed past analysts' estimates, powered by strong demand in North America and China.

The company's shares, already the top performing year-to-date Dow component, rose 2.5 percent to $135.23, in extended trading on Tuesday.

The Nike brand orders for delivery from December through April, a gauge of demand the company calls "futures orders", rose 20 percent, excluding currency, as of Nov. 30.... 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

Trading Radar for 12/22: Nike (NKE), Micron (MU), ConAgra (CAG), Paychex (PAYX) Report

December 21, 2015 2:43 PM EST

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

Before Markets Open:
Economics:
8:30am EST

GDP: Third Estimate - Street sees 2.0%GDP Deflator: Third Estimate - Street sees 1.3%

9:00am EST

FHFA Housing... More

Canaccord Genuity Raises Nike (NKE) PT Ahead of Controversial Earnings

December 21, 2015 8:53 AM EST

Canaccord Genuity analyst, Camilo Lyon, expects Nike (NYSE: NKE) to post upside to the $0.85 consensus EPS with a number as high as $0.91. Sales growth drivers are expected to be (1) sportswear such as Roshe, Huarache, and Tech Pack, (2) DTC/ecommerce, and (3) NA/WE geographic strength but the impact of these... More