Nike (NKE) PT, Estimates Raised at BofA/Merrill Lynch
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September 26, 2014 7:27 AM EDT
Deutsche Bank maintained a Buy rating on Nike (NYSE: NKE) and raised its price target to $95.00 (from $90.00). Analyst Dave Weiner called its Q1 "impressive on all fronts."
"Beyond a strong F1Q which soundly beat the high-end of expectations, NKE stock... More
September 26, 2014 7:24 AM EDT
Goldman Sachs maintained a Buy rating on Nike (NYSE: NKE) and raised its price target to $99.00 (from $89.00). The change follows strong Q1 results.
Analyst Lindsay Drucker Mann said, "We raise our 2015/16/17 EPS estimates to $3.67/$4.37/$5.00 from $3.39/$4.09/$4.69 reflecting a faster-than-expected improvement in gross margins alongside... More
September 26, 2014 6:30 AM EDT
Janney Capital upgraded Nike (NYSE: NKE) from Neutral to Buy with a price target of $93.00 (from $80.00), saying the model is inflecting on sustainable top line, accelerating margins.
Analyst Eric Tracy commented, "We typically don't like quarterly reactionary ratings changes, but sometimes you "just do it" because... More
September 25, 2014 4:16 PM EDT
Nike (NYSE: NKE) reported Q1 EPS of $1.09, $0.21 better than the analyst estimate of $0.88. Revenue for the quarter came in at $7.98 billion versus the consensus estimate of $7.83 billion.
"Fiscal year 2015 is off to a strong start. Our connection to consumers and ability to innovate, combined... More
