Analysts at Credit Suisse upgraded Nike NKE from Neutral to Outperform.
The target price for Nike has been raised from $80 to $100.
Nike shares have jumped 21.54% over the past 52 weeks, while the S&P 500 index has gained 17.21% in the same period.
Nike's shares dropped 0.45% to $89.10 in pre-market trading.
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