Barclays analyst Matthew McClintock raised his price target for Nike to $80 ahead of the company's Q4 results citing reflect greater visibility into its turnaround. While short-term investors may believe that the Nike story is priced for perfection heading into the results, most are taking a three-plus year view that should only require continued progress towards started goals, McClintock tells investors in a pre-earnings research note. The analyst lowered his Q4 earnings estimate to be more inline with company guidance and keeps an Overweight rating on Nike shares.