Baird raised the firm’s price target on Nike to $138 from $130 and keeps an Outperform rating on the shares. The analyst raised his estimates as they reported another healthy beat in FQ3, made further progress on inventory, and confirmed the Greater China recovery is underway.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NKE: