Nike price target raised to $145 from $135 at Guggenheim

Guggenheim raised the firm’s price target on Nike to $145 from $135 and keeps a Buy rating on the shares after the company reported fiscal Q3 earnings and revenue that beat the firm’s estimates. The firm remains cautious about macro uncertainties, but increased its FY23 and FY24 EPS estimates to reflect "upbeat topline results in the quarter," the analyst tells investors in a post-earnings research note.