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No Crying Jordans At Jefferies: Nike Still A Long-Term Winner
Wednesday, June 29, 2016 - 8:26am | 282Read More...Nike Inc (NYSE: NKE) reported its 4Q EPS marginally ahead of expectations. While the company does face some near-term headwinds, the stock deserves to trade at “a more premium multiple” in the long term, Jefferies’ Edward Plank said in a report. He reiterated a Buy rating for...
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Jefferies Previews Nike's Q4 Results, Maintains Buy
Tuesday, June 21, 2016 - 9:53am | 308Read More...Jefferies’ Edward Plank believes the correction in Nike Inc (NYSE: NKE) shares “reflects the NT pressure points, and now presents an even more attractive buying opportunity as the PE multiple has contracted to below 3-year avgs.” Plank reiterated a Buy rating on the company, while...
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Nike Missed On Top Line, But Analysts Still Bullish On The Swoosh
Wednesday, March 23, 2016 - 11:21am | 589Read More...Nike Inc (NYSE: NKE) reported Q4 EPS of $0.55, topping consensus expectations of $0.49. The company also reported Q4 revenue of $8.0 billion, slightly below consensus expectations of $8.2 billion. Nike shares are down about 4.5 percent in early Wednesday trading, but the revenue miss didn...
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Nike Lures Away UA Designer Of Steph Curry Shoe; Jefferies Sees As Tactical Win
Tuesday, March 22, 2016 - 8:40am | 118Read More...Jefferies' Edward Plank maintained a Buy rating for Nike Inc (NYSE: NKE), with a price target of $76. The analyst views the luring away of a top designer of a rival firm as a tactical win for the company. News reports mentioned that Nike had hired Dave Dombrow, one of the top footwear designers of...
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2 Stocks Jefferies Just Downgraded; Should You Be Concerned?
Friday, November 6, 2015 - 11:56am | 578Read More...Men's Wearhouse Inc (NYSE: MW) shares have plumged 45 percent in the last one month, while shares of Skullcandy Inc (NASDAQ: SKUL) are down 14 percent over the same period. Jefferies analysts downgraded the ratings on both the companies from Buy to Hold, while reducing their price...
