Market Overview

Morgan Stanley Reiterates Equal-Weight Rating on Nike

Related NKE
Morgan Stanley Offers Preview Of Nike Inc Ahead Of Q1 Earnings
Nike Inc, Bed Bath & Beyond Inc. - Earnings Expectations For The Week Of September 22
NFL, Sponsors Feel Pressure After Ray Rice Video Surfaces (Fox Business)

In a report published Monday, Morgan Stanley reiterated its Equal-Weight rating on Nike (NYSE: NKE).

Morgan Stanley noted, “Investors eyeing inflections in GMs and China futures during 2Q could be disappointed, as we believe both are more CY2013 events. Valuation has returned to historic norms and EPS estimates are unlikely to move substantially, so we would not expect too large of a stock reaction and remain EW.”

Nike closed on Friday at $96.91.

Latest Ratings for NKE

DateFirmActionFromTo
Jun 2014BarclaysMaintainsOverweight
Jun 2014CitigroupMaintainsBuy
Jun 2014Deutsche BankMaintainsBuy

View More Analyst Ratings for NKE
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (NKE)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters