December 18, 2017
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?