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Fly News Breaks for June 29, 2016
NKE
Jun 29, 2016 | 07:23 EDT
Deutsche Bank analyst Dave Weiner views Nike's Q4 results as a disappointment with North America revenue and future below consensus expectations. The analyst, however, believes management laid out a reassuring FY17 and long-term outlook. Weiner keeps a Buy rating on Nike, but believes the group is at risk of short-term multiple contraction.
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