Market Overview

Sterne Agee Reiterates Neutral Rating on Nike

Share:
Related NKE
Most Of Credit Suisse's Top Investment Ideas For 2016...In One Place
Is Adidas Cool Again?
Compounders: The Allure Of Beautiful Share Prices (Seeking Alpha)

In a report published Wednesday, Sterne Agee Group reiterated its Neutral rating on Nike (NYSE: NKE).

Sterne Agee noted, “We are adjusting our FY13 and '14 EPS estimates from $5.26 and $5.99 to $2.63 and $2.99 to reflect the 2 for 1 stock split of company shares. Our revenue and margin estimates have not changed.”

Nike closed on Monday at $52.13.

Latest Ratings for NKE

DateFirmActionFromTo
Jan 2016Deutsche BankMaintainsBuy
Dec 2015Argus ResearchReiteratesBuy
Dec 2015Brean CapitalMaintainsBuy

View More Analyst Ratings for NKE
View the Latest Analyst Ratings

Posted-In: Sterne Agee GroupAnalyst Color Reiteration Analyst Ratings

 

Related Articles (NKE)

Get Benzinga's Newsletters