Nike (NKE) PT Upped to $101 at Piper Jaffray; 'Neutral' Maintained
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Nike (NKE) PT Raised to $110 at Cowen
March 20, 2015 8:57 AM EDTCowen analyst John Kernan reiterated an Outperform rating and boosted his price target on Nike (NYSE: NKE) to $115.00 (from $110.00) following Q3 results which showed gross margin expanded while product demand remained robust.
Kernan commented, "Demand for Nike Brand apparel and footwear remains robust... More
Nike (NKE) Fair Value Target Lifted to $110 at Janney Capital
March 20, 2015 6:48 AM EDTJanney Capital analyst Eric Tracy reiterated a Buy rating and raised his fair value target on Nike (NYSE: NKE) to $110.00 (from $100.00) following solid Q3 core business results.
Tracy commented, "We remain constructive on NKE after the 3Q print, but we do believe... More
UPDATE: Nike (NKE) Sees FY16 Sales Up Mid Single Digits
March 19, 2015 5:43 PM EDT(Updated - March 19, 2015 5:48 PM EDT)
Nike (NYSE: NKE) Q4 gross margin is seen flat to up 25 bsp. Q4 sales are seen up low-double digits.
It sees FY16 sales up mid-single digits. It sees FY16 EPS up high-single digits to low-double digits.
... MoreNike (NKE) Tops Q3 EPS by 4c; Futures Orders Up 2% (11% ex. FX)
March 19, 2015 4:15 PM EDTNike (NYSE: NKE) reported Q3 EPS of $0.89, $0.04 better than the analyst estimate of $0.85. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.65 billion.
Inventories for NIKE, Inc. were $4.2 billion, up 12 percent from February 28, 2014, driven by a 12 percent increase... More
