Fly News Breaks for October 18, 2019
Oct 18, 2019 | 07:45 EDT
Credit Suisse analyst Michael Binetti raised his price target for Outperform-rated Nike to $112 from $105, saying accelerating global revenue trends and better SG&A leverage should translate to accelerating EPS upside through FY20 and into FY21. Binetti calls Nike's innovation pipeline "the strongest we've seen in years."
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