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Here's Every Rating And Price Target On Nike Ahead Of Q2 Earnings

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Here's Every Rating And Price Target On Nike Ahead Of Q2 Earnings
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It's been a rough year for Nike Inc (NYSE: NKE) as the stock has lost around 20 percent and a poor performance in its second-quarter fiscal results could result in the stock trading below its 52-week lows of $49.01.

Nike will report its fiscal second-quarter results after Tuesday's market close. The last time the company reported its quarterly results, the stock fell 4 percent as future orders fell short of expectations.

Wall Street analysts were mixed following the earnings report, with some analysts expecting upside in the stock as high as $65 per share.

Voices From The Street On The Swoosh

Here is a summary of the ratings and price target of research firms heading into the earnings report:

  • Bank of America: Underperform rating.
  • Barclays: Overweight rating, $65 price target.
  • Citigroup: Buy rating, $64 price target.
  • Cowen: Market Perform rating.
  • Credit Suisse: Outperform rating, $60 price target.
  • Guggenheim: Buy rating.
  • HSBC: Buy rating, $60 price target.
  • Susquehanna: Perform rating.
  • Wedbush: Neutral rating, $53 price target.

Latest Ratings for NKE

DateFirmActionFromTo
Jan 2018BuckinghamInitiates Coverage OnBuy
Dec 2017ArgusUpgradesHoldBuy
Nov 2017HSBCDowngradesBuyHold

View More Analyst Ratings for NKE
View the Latest Analyst Ratings

Posted-In: Analyst Color Earnings Long Ideas News Guidance Short Ideas Price Target Previews Best of Benzinga

 

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