NIKE, Inc. Acquires Computer Vision Leader Invertex
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Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition
April 10, 2018 7:27 AM EDTStifel 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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