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Fly News Breaks for May 10, 2016
NKE
May 10, 2016 | 07:12 EDT
Wells Fargo analyst Tom Nikic resumed coverage of Nike and downgraded the shares to Market Perform from Outperform. The company's near-term financials "may prove to be fairly 'noisy'" in due to the upcoming Summer Olympics in Brazil, Nikic tells investors in a research note. Further, Nike is facing a level of competition that it has not experienced in quite some time, the analyst contends. He has a $58-$62 price target range for the stock.
News For NKE From the Last 2 Days
NKE
Apr 16, 2024 | 15:24 EDT
Apparel & Footwear Analyst Kummetz discusses recent earnings for CAL, NKE, SCVL, Google trends and weather analysis and March Footwear Survey results on an Analyst/Industry conference call to be held on April 19 at 12 pm.
