NIKE, Inc. Acquires Computer Vision Leader Invertex

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Go back to NIKE, Inc. Acquires Computer Vision Leader Invertex

Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition

April 10, 2018 7:27 AM EDT

Stifel reiterated a Buy rating and $80.00 price target on Nike (NYSE: NKE) following the company's acquisition of Invertex. The purpose of the acquisition is to strengthen Nikes digital initiatives with added talent and capabilities in computer vision and artificial intelligence.

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