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Fly News Breaks for June 21, 2019
NKE
Jun 21, 2019 | 07:36 EDT
Oppenheimer analyst Brian Nagel reiterated an Outperform rating and $100 price target on Nike ahead of next week's earnings report. In a research note to investors, Nagel says that he is concerned that continued stepped up investment spending could weigh on Q4 EPS and fiscal 2020 guidance, and could represent a near-term negative catalyst for shares. Nagel recommends investors use any share price weakness in Nike as a buying opportunity.
News For NKE From the Last 2 Days
