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Fly News Breaks for March 20, 2015
NKE
Mar 20, 2015 | 06:20 EDT
Citigroup raised its price target for Nike shares to $120 saying the shoe maker's "strong" fundamentals remain intact following the Q3 earnings beat. Citi believes potential upside to estimates from top-line growth, gross margins and repurchases will drive the stock over the next 12 months. It keeps a Buy rating on Nike.
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