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Analysts confident on Nike ahead of earnings

© Reuters.  Analysts confident on Nike ahead of earnings© Reuters. Analysts confident on Nike ahead of earnings

  • Buckingham Research lifts its price target on Nike (NKE +0.3%) to $71 from $64. “Headwinds slow turnaround; racing to better results in 2H18,” tweets the firm.
  • Telsey Advisory Group takes its PT up to $68 on a positive view on how 2018 will shake out. An Outperform rating on the Swoosh is reiterated.
  • Nike reports on December 21. Consensus estimates are for revenue of $8.4B and EPS of $0.41.
  • Now read: How Come Under Armour Stinks, But Not Nike?

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