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Fly News Breaks for March 3, 2020
Mar 3, 2020 | 07:21 EDT
UBS analyst Jay Sole lowered the firm's price target on Nike to $123 from $136 but keeps a Buy rating on the shares. The analyst cites the company's warning on February 4th about the impact of coronavirus on its China sales and he lowers his FY20 EPS view to $2.73 from $3.10 as well as his FY21 view to $3.30 from $3.60. Sole believes however that Nike can resume its high-teen earnings growth after the company recovers from the outbreak, anticipating a rebound to come in the second half of FY21.
News For NKE From the Last 2 Days
Oct 29, 2020 | 12:17 EDT
Under Armour (UA, UAA) is scheduled to report results of its third fiscal quarter before the market open on Friday, October 30, with a conference call scheduled for 8:30 am EDT. What to watch... To see the rest of the story go to See Story Here