Saturday, 21 July, 2018


Cowen Analysts Give Nike (NKE) a $64.00 Price Target

Conrad Doyle | 14 January, 2018, 08:48

NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 11, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Axa decreased its stake in Red Hat Inc (RHT) by 16.72% based on its latest 2017Q3 regulatory filing with the SEC. Also, EVP John F. Slusher sold 100,000 shares of the business's stock in a transaction that occurred on Tuesday, January 2nd. Morgan Stanley now owns 22,764,806 shares of the footwear maker's stock valued at $1,198,567,000 after buying an additional 2,090,700 shares during the period.

Eventide Asset Management Llc, which manages about $1.15B and $1.76 billion US Long portfolio, decreased its stake in Steel Dynamics Inc (NASDAQ:STLD) by 79,000 shares to 871,000 shares, valued at $30.02 million in 2017Q3, according to the filing. Citigroup Inc. (NYSE:C) has risen 35.60% since January 11, 2017 and is uptrending. It has outperformed by 31.44% the S&P500. (NYSE:NKE) earned "Hold" rating by Cowen & Co on Thursday, December 7. Therefore 20% are positive. Stella-Jones Inc had 37 analyst reports since August 10, 2015 according to SRatingsIntel. Vetr cut Nike from a "strong-buy" rating to a "buy" rating and set a $59.57 price objective on the stock.in a research note on Monday, September 4th. Trading volume for NIKE, Inc. was 5.1 Million in its previous trading session. On Monday, September 26 the stock rating was initiated by Goldman Sachs with "Buy". The firm has "Buy" rating by CL King given on Tuesday, June 28.

NIKE, Inc is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The firm has "Hold" rating given on Thursday, December 14 by Wedbush. The firm has "Outperform" rating by Telsey Advisory Group given on Thursday, October 15. (NYSE:NKE). Colony Gru Ltd Llc reported 9,500 shares or 0.03% of all its holdings. Brean Capital has "Buy" rating and $62 target. The firm has "Overweight" rating given on Monday, March 21 by JP Morgan. Jefferies maintained Red Hat, Inc. The company now has a consensus rating of "Hold" and a consensus price target of $64.14.

There are 1,383 institutional holders with active positions, accounting for 1.04 billion shares in total. Clifford Swan Invest Counsel Limited Liability Corp accumulated 0.58% or 185,019 shares.

Investors sentiment increased to 1.35 in 2017 Q3. Its down 0.20, from 1 in 2017Q2. 58 funds opened positions while 196 raised stakes. Janus Capital Management LLC increased its stake in shares of Nike by 14.4% in the second quarter. Old Mutual Investors (Uk) stated it has 0.08% in NIKE, Inc. (NYSE:RHT). Pub Sector Pension Investment Board stated it has 0.01% of its portfolio in Red Hat, Inc. State Of New Jersey Common Pension Fund D holds 0.84% or 2.88 million shares in its portfolio. (NYSE:C) for 7,665 shares. 8,849 are held by Ent Fincl Corp. (NYSE:C) for 113,167 shares. First Quadrant LP Ca, California-based fund reported 158,600 shares. (NYSE:IT). Ancora Advsrs Ltd Liability Corp reported 0.04% in Gartner, Inc. (NYSE:RHT) for 370,881 shares.

NIKE, Inc. (NKE) has so far tried and showed success to beat the consensus-estimated $0.4, with their earning staying at $0.46 per share. Short interest, which represents the number of a stock's shares now being shorted, captures what the market as a whole feels about a stock. Baldwin Mngmt Ltd Limited Liability Company reported 32,298 shares. Manufacturers Life Ins The has 0.02% invested in Red Hat, Inc.

NIKE, Inc. (NYSE:NKE) received a Buy rating from 6 analysts. Three investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twenty-two have given a buy rating to the company's stock. Therefore 52% are positive.

According to 37 stock analysts, NIKE, Inc., is being kept at an average Outperform, rating, with at least 3.07% of shares outstanding that are now legally short sold. The stock has "Hold" rating by Canaccord Genuity on Friday, September 25. Stifel Nicolaus reaffirmed a buy rating and issued a $66.00 target price on shares of Nike in a report on Thursday, August 24th. The firm now has a "hold" rating on the footwear maker's stock. (NYSE:NKE) rating on Thursday, March 23. With these types of results to display analysts, are more optimistic than before, leading 20 of analysts who cover NIKE, Inc. (NYSE:NKE) on Friday, January 5. As per Monday, September 28, the company rating was maintained by S&P Research. The rating was maintained by B. Riley & Co with "Buy" on Friday, September 25. The stock of Marriott International, Inc.

Investors sentiment decreased to 0.8 in 2017 Q3. Its up 0.25, from 1.1 in 2017Q2. Of those transactions, there were 598,589 shares of NKE bought and 5.61 million shares sold. 34 funds opened positions while 51 raised stakes. The footwear maker reported $0.46 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.06. (NYSE:NKE). Parametric Portfolio Associate Lc invested in 4.35M shares or 0.25% of the stock. Capital Research Global Investors grew its position in shares of Nike by 10.4% in the 2nd quarter. Moreover, Steel Partners Holdings L.P. has 1.01% invested in the company for 1.00 million shares. Eulav Asset Mgmt has 124,000 shares. Jacobs & Ca invested in 152,202 shares. Following the sale, the executive vice president now owns 23,248 shares in the company, valued at approximately $1,441,376. Bedrijfstakpensioenfonds Voor De Media Pno has 1.53% invested in NIKE, Inc. (NYSE:NKE) has "Hold" rating given on Tuesday, September 22 by Canaccord Genuity. Bessemer Group Inc holds 0.01% in EVERTEC, Inc. (NYSE:NKE)'s 14-day Relative Strength Index (RSI) has reached 63, putting it inside a neutral zone. Weatherly Asset LP reported 41,061 shares. (NYSE:NKE). Welch And Forbes Limited Liability has invested 0.01% in NIKE, Inc. Independent Investors has 70,000 shares. Prudential Financial has 433,373 shares for 0.08% of their portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Recommended

loading...
...
  • LHC Group, Inc. (LHCG) Short Interest Up 41.0% in November

    The health services provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.04. BMO Capital Markets maintained Rigel Pharmaceuticals, Inc. (NASDAQ:PEGA) has "Buy" rating given on Tuesday, June 6 by Benchmark.

    Activision Blizzard (ATVI) PT Set at $80.00 by KeyCorp

    Calamos Advisors Llc increased Biogen Inc (BIIB) stake by 5.36% reported in 2017Q3 SEC filing. (NASDAQ: ATVI ) for 49,434 shares. Investor speculation and demand also help increase a share's price over time. 93 funds opened positions while 240 raised stakes.
    Chinese rocket booster stage crashes back to earth near village

    Chinese rocket booster stage crashes back to earth near village

    There have been no confirmed reports of injuries or property damage as a result of the incident. It moves out of sight behind a building before a huge explosion appears.
  • Air Transport Services Group (ATSG) Upgraded to Buy by BidaskClub

    Stifel Nicolaus has "Hold" rating and $2000 target. (NASDAQ: ATSG ) has "Buy" rating given on Monday, September 11 by Cowen & Co. Segall Bryant And Hamill Ltd Liability invested 0.13% of its portfolio in Air Transport Services Group, Inc . (NASDAQ: ATSG ).
    Kerber advances to Sydney International semifinals

    Kerber advances to Sydney International semifinals

    Italian Camila Giorgi continued her impressive run at the Sydney International by racing past Agnieszka Radwanska 6-1 6-2. Buzarnescu beat fifth-seeded Lesia Tsurenko 6-2, 6-2 in her second career semifinal.

    United Parcel Service Inc Stock in 2017 Q3 Driven by Institutional Investors

    Franklin Resources Inc decreased Kroger Co (NYSE:KR) stake by 123,948 shares to 11.92 million valued at $239.15 million in 2017Q3. Kentucky Retirement Systems owns 42,291 shares or 0.38% of their United States portfolio. 36,900 were reported by Lpl Ltd Llc.
  • Iran firm says there may be survivors from tanker crash

    Iran firm says there may be survivors from tanker crash

    The oil tanker was on its way to South Korea when it collided with the CF Crystal, which was transporting grain to mainland China. He said: "The engine room is not directly affected by the fire and is about 14 meters under water... there is still hope".
    Auburn's winning streak continues with second-half effort

    Auburn's winning streak continues with second-half effort

    Auburn outrebounded the Bulldogs 21-16 in the second half en route to Mississippi State's first loss at home this season. Combine that with 27 percent shooting from the floor and, well, the visitors' 11-point halftime deficit was no surprise.

    LSU announces hiring of Greg McMahon as special teams coordinator

    Having played quarterback at LSU under coach Charles McClendon in the late 1970s, Ensminger said he will relish his new role. Ensminger is replacing Matt Canada, who has parted ways with the team after only 12-months and a mutual financial agreement.
  • Girona's Michael Olunga becomes first Kenyan to score La Liga hat-trick

    Girona's Michael Olunga becomes first Kenyan to score La Liga hat-trick

    Kenyan worldwide striker Michael Olunga displays a club scarf during his presentation by Spanish top flight side Girona. Olunga has played a meagre 136 minutes in five games and the three goals against Paco Jemez's are all he has so far.

    Adviser Investments LLC Raises Position in Bristol-Myers Squibb Co (NYSE:BMY)

    Bristol-Myers Squibb Company discovers, develops, licenses, makes, markets, and distributes biopharmaceutical products worldwide. The stock of Bristol-Myers Squibb Company (NYSE:BMY) earned "Underweight" rating by Atlantic Securities on Friday, December 18.

    Rayonier Advanced Materials (RYAM) Downgraded by Vertical Research

    It is positive, as 50 investors sold CAT shares while 377 reduced holdings. 106 funds opened positions while 696 raised stakes. Deutsche Bank Ag increased its stake in Popular Inc (BPOP) by 58.5% based on its latest 2017Q3 regulatory filing with the SEC.

Jill Zarin Mourns the Loss of Husband Bobby Zarin Jill Zarin Mourns the Loss of Husband Bobby Zarin News in July. "His papillary thyroid cancer has morphed into something called anaplastic thyroid cancer". Thank you, everyone for all your love, and support during this hard time", she wrote.

Former Spurs legend backs swap deal involving Henrikh Mkhitaryan Former Spurs legend backs swap deal involving Henrikh Mkhitaryan Manchester United star Henrikh Mkhitaryan is reportedly willing to return to Borussia Dortmund this month, but wages are an issue. Mourinho has admitted that Manchester United can not buy their way to the title because Manchester City's lead is too big.

Scott Scores a Win as Trump Exempts Florida from Offshore Drilling Scott Scores a Win as Trump Exempts Florida from Offshore Drilling Party affiliation largely determines what side of the debate the state's elected officials are on - with one notable exception. California Attorney General Xavier Becerra demanded Zinke to "immediately" remove California from the policy.

Oblivious Elon Musk thought Silicon Valley 'sex party' was a costume party Oblivious Elon Musk thought Silicon Valley 'sex party' was a costume party Another said: 'It's very hard to create a personal connection with a male investor, and if you succeed, they become attracted to you.

Caterpillar (NYSE:CAT) Getting Somewhat Favorable Media Coverage, Analysis Finds Caterpillar (NYSE:CAT) Getting Somewhat Favorable Media Coverage, Analysis Finds Wall Street is only getting more bullish on the stock, with 11 of analysts who cover CAT having a buy-equivalent rating. State Board Of Administration Of Florida Retirement Systems owns 837,539 shares. (NYSE: CAT ) for 2,469 shares.

KAR Auction Services Inc (KAR) Announces Dividend Increase - $0.35 Per Share The stock has "Outperform" rating by Wells Fargo on Thursday, September 29. (NYSE:DHI) on Tuesday, January 9 with "Hold" rating. Archford Capital Strategies LLC raised its position in shares of KAR Auction Services by 832.0% during the second quarter.

PadMan, latest song 'Saale Sapne': Akshay Kumar motivates you to dream big PadMan, latest song 'Saale Sapne': Akshay Kumar motivates you to dream big The song takes you through Akshay Kumar's journey of making cheap sanitary pads for rural women. Titled Saale Sapne , the track depicts that with dedication, one can make any dream come true.

Ole Miss beats Florida with strong inside game Ole Miss beats Florida with strong inside game Egor Koulechov recorded his third double-double of the season, notching 11 points and 11 rebounds in 38 minutes played. But it wasn't enough to a porous second-half defensive effort, which has become a familiar theme for this Gator squad.

Buckeye Partners (BPL) Earns Underperform Rating from Analysts at Credit Suisse Group The stock of DexCom, Inc. (NYSE:VMW) on Wednesday, October 21 to "Neutral" rating. (NYSE:BERY) to report earnings on February, 2. After $0.81 actual EPS reported by Buckeye Partners, L.P. for the previous quarter, Wall Street now forecasts 7.41% EPS growth.

Florida 20-Year-Old is Lone Winner of $451 Million jackpot Florida 20-Year-Old is Lone Winner of $451 Million jackpot Lottery officials said the money will be paid to a trust, set up with Missler as the managing member, called "Secret 007, LLC". FLORIDA-A 20-year-old from Florida says he plans to "have some fun" after being named sole victor of a $451m lottery jackpot.

Here's how analysts see GlaxoSmithKline plc (LON:GSK) after this past week In other news, insider Patrick Vallance sold 20,000 shares of GlaxoSmithKline stock in a transaction on Monday, December 18th. The firm has a market capitalization of $89,240.00, a P/E ratio of 28.22, a P/E/G ratio of 2.15 and a beta of 0.97.

Alexion Pharmaceuticals, Inc. (ALXN) Insider Trading: HANTSON LUDWIG sold 2553 Shares University Of Notre Dame Du Lac increased Ptc Inc (NASDAQ:PTC) stake by 8,075 shares to 89,056 valued at $5.01 million in 2017Q3. Alexion Pharmaceuticals (NASDAQ:ALXN) last issued its quarterly earnings results on Thursday, October 26th. (NASDAQ:ALXN).

European Union concerned over detention of journalists in Myanmar European Union  concerned over detention of journalists in Myanmar The arrest and ongoing detention of Wa Lone and Kyaw Soe Oo constitutes an arbitrary deprivation of liberty, Fortify Rights said. They told their family members that the arrests took place nearly immediately after they were handed documents by the police.

Institutional Ownership And Insider Trading At Valero Energy Corporation (VLO) Leavell Investment Management Inc.'s holdings in Valero Energy were worth $938,000 at the end of the most recent reporting period. Valero Energy had a return on equity of 16.72% and a net margin of 3.66%. 1,527,656 shares of the company's stock traded hands.

Cisco Systems, Inc. (NASDAQ:CSCO) Stake Decreased by Meeder Asset Management Inc On average, equities analysts anticipate that Cisco Systems Inc . will post $2.37 earnings per share for the current fiscal year. CSCO's profit will be $2.62B for 19.28 P/E if the $0.53 EPS becomes a reality. ( NASDAQ :CBAY) to report earnings on March, 22.