NIKE, Inc. Reports Fiscal 2016 Third Quarter Results

Nike (NKE) Finds Market Tough to Please With Shares Close to All Time Highs - Deutsche Bank

Deutsche Bank reiterated a Buy rating on Nike (NYSE: NKE) with a price target of $75. Comments follow the release of Q3 results. Analyst Dave Weiner characterized the report as "very strong" but not perfect, and he pointed out that with shares trading close to all time highs, the market is tough to please.

"While Nike delivered on many fronts,... More

Canaccord Genuity Cuts PT on Nike (NKE) to $57; Reliance on Futures Orders Quickly Waning

Canaccord Genuity trims its price target on Hold-rated Nike (NYSE: NKE) from $66 to $57 following Q3 results issued Tuesday night.

Analyst Camilio Lyon commented, Given the revenue miss coupled with futures orders (+12%, in line with our ests) that are becoming less of a predictor of reported sales, we believe the stock will be subject to multiple compression. Moreover, inventory... More

Jefferies Remains Bullish on Nike (NKE) Following 3Q EPS Beat - PT to $74

Jefferies maintained a Buy rating on Nike (NYSE: NKE), and cut the price target to $74.00 (from $76.00), following the company's 3Q earnings report. Even with sales growth weighed on by FX pressures, Nike's 3Q EPS beat consensus expectations by 7c. Management maintained FY16 guidance parameters... More

Sterne Agee CRT Reiterates Buy on Nike (NKE) as Low Tax Rates Boost EPS

Sterne Agee CRT reiterated a Buy rating and $75.00 price target on Nike (NYSE: NKE) following the company's 3Q earnings report. 3Q16 EPS was $0.55 versus the consensus estimate of $0.48. Roughly $0.04 of the beat was due to the lower tax rate as the result of... More

Nike (NKE) PT Trimmed to $69 at Piper Jaffray as Sales Underwhelm

Piper Jaffray analyst Erinn Murphy trimmed her price target on Nike (NYSE: NKE) to $69.00 (from $70.00) but maintained an Overweight following Q3's results in which EPS bested expectations.

Murphy said the biggest positives in the quarter were: 1) better inventory position at quarter end; 2) gross margin... More