Monday, September 29, 2014

Will This Analyst Upgrade Help Nike (NKE) Stock Today?

NEW YORK (TheStreet) -- Shares ofaNikea fell 1.01% to $88.60 in pre-market trading Monday despiteaCredit Suisse'saupgrade on the stock to "outperform" from "neutral." The firm set a $100 price target and increased its estimates on Nike,aas Credit Suisse said the company is taking market share and expanding margins. Must Read:aThe Daily Dose: Holiday Sneak Peek STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates NIKE INC as a "buy" with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation: "We rate NIKE INC (NKE) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook." You can view the full analysis from the report here: NKE Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


Click to view a price quote on NKE. Click to research the Consumer Non-Durables industry.





from Latest TSC Headlines http://ift.tt/YBLwK1

No comments:

Post a Comment