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Nike, Inc. (NYSE:NKE) - Nike Just Does It: Analyst Likes Favorable Risk Reward, Shift From Wholesale To DTC

Share: Shoe, apparel and equipment company  Nike Inc.s (NYSE: NKE) direct-to-consumer (DTC) strategy shift and growth in China has an analyst paying attention. The Nike Analyst: Jefferies analyst Randal J. Konik upgraded shares of Nike to Buy and raised the price target from $140 to $192. The Takeaways: Nike has a favorable industry backdrop, is successfully leading a digitally-enabled customer acquisition strategy and growing its higher-margin items, Konik said. A favorable risk-reward ...
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athletic apparel

Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the... Read More...
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Matthew DeGulis

After a disappointing launch as a public company, Blue Apron Holdings Inc (NYSE: APRN) announced Brad Dickerson, a Blue Apron insider and former CFO and COO of Under Armour Inc (NYSE: UAA), would immediately replace founder Matt Salzberg as CEO. Some on the Street are optimistic that “... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:
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