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Nomura/Instinet raised its price target on Nike (NYSE: NKE) to $62.00 (from $59.00) while maintaining a Buy rating, following the company's first quarter earnings report.
Analyst Simeon Siegel notes the company delivered first quarter earnings per share results above consensus projections, while revenues... More
Nike (NYSE: NKE) reported Q1 EPS of $0.57, $0.09 better than the analyst estimate of $0.48. Revenue for the quarter came in at $9.1 billion versus the consensus estimate of $9.09 billion.
This quarter, we captured near-term opportunities through our new Consumer Direct Offense, said Mark Parker, Chairman,... More

