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UBS Remains Bullish on Nike (NKE) Following 4Q Report

June 29, 2016 7:55 AM EDT

UBS 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