Nike, Inc NKE shares are trading higher ahead of the company's earnings report on Thursday. On Monday, analysts at multiple firms raised their price targets on the stock.
UBS maintained a Buy rating and raised its price target from $114 to $122.
Piper Sandle maintained an Overweight rating and raised its price target from $96 to $112.
JPMorgan maintained an Overweight rating and raised its price target from $91 to $104.
See Also: Nike Analysts On Muted Q4 Expectations: 'The Most Significant Impact From COVID-19'
Nike, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide.
Nike's stock is trading up 3.15% at $98.80 per share on Monday at the time of publication. The stock has a 52-week high of $105.62 and a 52-week low of $60.00.
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