Jefferies Remains Bullish Ahead of Nike (NKE) 3Q Report; Expects Solid Results
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Jefferies Remains Bullish on Nike (NKE) Following 3Q EPS Beat - PT to $74
March 23, 2016 8:09 AM EDTJefferies maintained a Buy rating on Nike (NYSE: NKE), and cut the price target to $74.00 (from $76.00), following the company's 3Q earnings report. Even with sales growth weighed on by FX pressures, Nike's 3Q EPS beat consensus expectations by 7c. Management maintained FY16 guidance parameters... More
Sterne Agee CRT Reiterates Buy on Nike (NKE) as Low Tax Rates Boost EPS
March 23, 2016 7:33 AM EDTSterne Agee CRT reiterated a Buy rating and $75.00 price target on Nike (NYSE: NKE) following the company's 3Q earnings report. 3Q16 EPS was $0.55 versus the consensus estimate of $0.48. Roughly $0.04 of the beat was due to the lower tax rate as the result of... More
Nike (NKE) 3Q Preview: Inventory vs Olympics - Piper Jaffray
March 21, 2016 6:55 AM EDTPiperJaffray analyst, Erinn Murphy, sees a disconnect between sellside bullishness on Nike (NYSE: NKE) and concerns from the buyside over NA inventory, the longer-term ASP road map and the overall athletic cycle. NKE is slated to report its Q3 Tuesday, 3/22 after the... More
