Raymond James, Wedbush and Oppenheimer analysts praise Nike after the apparel company's quarterly earnings beat Wall Street expectations.
Nike Inc.’s results cheered Wall Street Friday as the stock notched double-digit percentage gains on its stronger-than-expected results and positive outlook.
Meanwhile, Oppenheimer analyst Brian Nagel reiterated an outperform rating on Nike and said the company’s groundwork “is now established to support strengthening sales and margins trends” in coming quarters. Wedbush analyst Tom Nikic reiterated an outperform rating on Nike and said the company’s swooshes are realigning, with a re-acceleration in view for the second half of its fiscal year.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Tech wreck temporary as earnings season, Fed cuts will spur rebound, Wedbush says By Investing.comTech wreck temporary as earnings season, Fed cuts will spur rebound, Wedbush says
Baca lebih lajut »
Nike stock rallies after earnings beat, boosting Foot Locker sharesNike, Foot Locker and Bionomics are stocks in the spotlight
Baca lebih lajut »
Nike stock surges as earnings impress, profit margins set to improveNike bosses struck an upbeat tone in their earnings presentation last night, suggesting improved profitability following a mixed first quarter report.
Baca lebih lajut »
Nike Stock Forecast: Earnings beat triggers NKE to surpass 21-day moving averageNike (NKE) stock has surged over 9% in Friday’s premarket, climbing above $98 per share, following late Thursday’s fiscal first-quarter earnings rele
Baca lebih lajut »
Nike stock rises as profit beats estimates and inventories fallNike on Thursday reported a first-quarter profit that beat expectations, although sales came up just shy of expectations.
Baca lebih lajut »