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- Tech stocks weigh on Wall Street as Iran stalemate lifts oil, yields
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- U.S. EV market shows signs of bottoming out: Bernstein
UBS Cuts Price Target on Nike (NKE) to $67 Following 1Q Report
September 28, 2016 9:05 AM EDTUBS maintained a Buy rating on Nike (NYSE: NKE), and cut the price target to $67.00 (from $70.00), following the company's 1Q earnings report. NKE reported EPS of $0.73, coming in ahead of the Street's $0.56. EPS was driven by a one-time tax break. Management maintained FY17 guidance for +HSD/+LDD revenue... More
FBR Capital Cuts Price Target on Nike (NKE) Following 1Q Report
September 28, 2016 8:10 AM EDTFBR Capital maintained a Market Perform rating on Nike (NYSE: NKE), and cut the price target to $55.00 (from $63.00), following the company's 1Q earnings report. NKE reported EPS of $0.73, ahead of the consensus estimate of $0.58. Results were driven by a one-time tax benefit. GM was below expectations, driven by FX headwinds, an expense shift, the impact of exiting the Golf equipment business,... More
Jefferies Reiterates Buy on Nike (NKE) Following Earnings Report
September 28, 2016 7:30 AM EDTJefferies reiterated a Buy rating and $65.00 price target on Nike (NYSE: NKE) following the company's 1Q earnings report. Generally, the athletic footwear market is strong, but Adidas is on the rise. In basketball footwear, the market remains Nike dominant.
Analyst Randal Konik... More
