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Stock Market & Financial Investment News

News Breaks
February 11, 2013
09:51 EDTNKENike advances following JPMorgan upgrade
Nike (NKE) is climbing after JPMorgan analyst Matthew Boss upgraded the stock to Overweight from Neutral in a note to investors earlier today. Nike's revenue is poised to rise as a result of strong upcoming products and an expansion of the footwear maker's e-commerce initiative over the next several years, Boss wrote. Meanwhile, margin increases should help the company increase its earnings per share to $4-$5 by fiscal 2016, representing an increase of about 50% over three years, the analyst predicted. Boss is more confident about Nike's outlook after meeting with its CFO recently and he raised his price target on the shares to $64 from $50. In early trading, Nike rose 34c, or 0.6%, to $54.92.
News For NKE From The Last 14 Days
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November 21, 2014
16:36 EDTNKEMarket ends week higher as domestic data, foreign central banks boost shares
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November 20, 2014
16:18 EDTNKENike raises quarterly dividend to 28c per share from 24c per share
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12:47 EDTNKENike opens first women only store in CA, Bloomberg reports
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November 18, 2014
08:54 EDTNKENike initiated with a Hold at BB&T
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08:54 EDTNKENike initiated with a Hold at BB&T
07:31 EDTNKESignet Jewelers names Daniel Shull as Chief Information Officer
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November 14, 2014
10:00 EDTNKEOn The Fly: Analyst Downgrade Summary
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06:31 EDTNKENike downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Nike to Neutral based on valuation.
November 13, 2014
07:57 EDTNKENike positioned to 'significantly increase' dividend, says Nomura
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November 10, 2014
06:17 EDTNKENike price target raised to $107 from $93 at Citigroup
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