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Fly News Breaks for September 26, 2016
VFC, NKE
Sep 26, 2016 | 06:34 EDT
JPMorgan analyst Matthew Boss removed Nike (NKE) from his firm's Analyst Focus List while lowering his price target for the shares to $62 from $67. Recent athletic field work across global channels indicates North America trends remain soft quarter-to-date, Boss tells investors in a research note. He keeps an Overweight rating on Nike shares. Boss this morning also lowered his price target for Overweight-rated VF Corp. (VFC) to $65 from $69.
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