Professional
Added to YB: 2024-10-03
Pitch date: 2024-10-02
NKE [bullish]
NIKE, Inc.
-15.38%
current return
Author Info
No bio for this author
Company Info
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America.
Market Cap
$99.7B
Pitch Price
$80.10
Price Target
92.00 (+36%)
Dividend
2.43%
EV/EBITDA
19.28
P/E
34.64
EV/Sales
2.20
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
BMO Capital Maintains Outperform on Nike (NKE), Sees $92 Target
NKE: BMO (PT $92) sees margin-driven beats offsetting soft top-line. Guidance pulled, Q2 below expectations. New change-agent (Elliott Hill) in place. Lowered numbers set stage for potential multiple expansion. Analyst sees hope driving shares higher in current market environment.
Read full article (1 min)