Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. FIX
9. TSCO
10. BE

Go back to Stifel Reiterates Buy on Nike (NKE) Following Invertex Acquisition

Nike (NKE) Buys Computer Vision Leader Invertex

April 9, 2018 4:30 PM EDT

NIKE, 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 EDT

Canaccord 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