Nike (NKE) Tops Q4 EPS by 9c

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Go back to Nike (NKE) Tops Q4 EPS by 9c

Nike (NKE) PT Lowered to $127 at Cowen

June 28, 2022 9:13 AM EDT

Cowen analyst John Kernan lowered the price target on Nike (NYSE: NKE) to $127.00 (from $133.00) while maintaining an Outperform rating.

The analyst commented, "Revenue guidance ex FX of +low double-digit y/y is fairly in line with consensus with China and supply chain flows... More

Nike (NKE) Board of Directors authorizes new four-year, $18 billion program to repurchase shares

June 27, 2022 4:17 PM EDT

Nike (NYSE: NKE) announced:

In June 2022, the Board of Directors authorized a new four-year, $18 billion program to repurchase shares of NIKE's Class B common stock. The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year... More