Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition
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Nike (NKE) Buys Computer Vision Leader Invertex
April 9, 2018 4:30 PM EDTNIKE, Inc. (NYSE: NKE) today announced it has acquired Invertex Ltd., a leading computer vision firm based in Tel Aviv, Israel, as it continues to strengthen its digital technology and talent as part of its Consumer Direct Offense. The team will focus on building... More
Canaccord Genuity Remains Sidelined on Nike (NKE)
April 9, 2018 8:44 AM EDTCanaccord Genuity reiterated a Hold rating and $62.00 price target on Nike (NYSE: NKE) following the company's 3Q 10-Q release. NA inventory was up +5.4% vs. sales down -5.6%, the widest spread since November 2015. NA sales to wholesale were down 10.1%, the fourth consecutive decline.
NKE... More
