Nike sales, forecast disappoint as Adidas gains ground
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UBS Remains Bullish on Nike (NKE) Following 4Q Report
June 29, 2016 7:55 AM EDTUBS reiterated a Buy rating and $70.00 price target on Nike (NYSE: NKE) following the company's 4Q earnings report. NKE reported EPS at $0.49, in line with UBS estimates, and $0.01 above the Street. Revenues missed estimates by only -1%.
Analyst Michael Binetti commented, "NKE reported F4Q EPS... More
BB&T Capital Reiterates Buy on Nike (NKE) Following 4Q Beat
June 29, 2016 7:27 AM EDTBB&T Capital reiterated a Buy rating and $70.00 price target on Nike (NYSE: NKE) following the company's 4Q earnings report. NKE reported a slight $0.01 EPS beat compared to Street estimates. Reported revenue grew +6%, largely in line with estimates, driven by +DD ex-Fx growth in... More
Jefferies Cuts Price Target on Nike (NKE) Following a Slight 4Q Beat
June 29, 2016 6:55 AM EDTJefferies maintained a Buy rating on Nike (NYSE: NKE), and cut the price target to $65.00 (from $67.00), following the company's 4Q earnings report. EPS reported a slight beat of 49c, a penny ahead of consensus. GM was down 30 bp due to N. America inventory... More
