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Forums Applications DA Davidson Reaffirms Neutral Rating on NIKE (NKE)

Subscribe to DA Davidson Reaffirms Neutral Rating on NIKE (NKE)  1 post, 1 voice , Tagged: nike free

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Nov 9, 2012 9:01pm
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That Nike free (NYSE: NKE)‘s stock had its “neutral” rating reiterated by investment analysts at DA Davidson in a note issued to investors on Thursday. They currently have a $104.00 target price on the stock.

Shares of nike free run traded down 0.58% during mid-day trading on Thursday, hitting $94.10. NIKE has a 52 week low of $85.10 and a 52 week high of $114.81. The company has a market cap of $42.397 billion and a P/E ratio of 20.59.

NIKE last announced its earnings results on Thursday, September 27th.

The company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.11. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $6.41 billion. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, analysts predict that NIKE will post $5.24 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of nike free run norge from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, October 18th. They now have a $102.00 price target on the stock.

Separately, analysts at Sterne Agee reiterated a “neutral” rating on shares of NIKE in a research note to investors on Wednesday, October 3rd. They now have a $125.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of nike free run 3 from $92.00 to $94.00 in a research note to investors on Friday, September 28th. They now have a “hold” rating on the stock.

NIKE, Inc. (nike free 3.0) is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services.

Keep up with the latest analysts’ ratings by subscribing to Daily Political’s daily email update. With your complimentary subscription, you will receive a concise summary of stock analysts’ upgrades, downgrades and new coverage.

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Forums Applications DA Davidson Reaffirms Neutral Rating on NIKE (NKE)

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