FBR Capital Initiates Nike With Market Perform

Analysts at FBR Capital initiated coverage on shares of Nike NKE with a Market Perform rating. The target price for Nike is set to $94. Nike shares have jumped 22.67% over the past 52 weeks, while the S&P 500 index has gained 14.72% in the same period. Nike's shares fell 0.08% to close at $94.60 yesterday.