Stock market giants Apple and Nike both went public within days of each other in 1980. Nike outperformed Apple for the first 40 years, thriving as Apple faced intense competition.
Die US-Bank JPMorgan hat das Kursziel für die Aktien des Sportartikelherstellers Nike US6541061031 von 100 auf 86 US-Dollar gesenkt, aber die Einstufung auf "Overweight" belassen.
Shares of Nike Inc (NYSE:NKE) are up 2% from to trade at $65.49 at last check, after Wells Fargo upgraded the athletic apparel maker to "overweight" from "equal weight," raising its price target to $75 from $60.
Kim Kardashian's Skims is now valued at $5 billion after a new funding round. The brand plans to use the money to fund an expansion of physical stores.
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Nike Inc (NYSE:NKE, ETR:NKE)'s recent stock pullback provides an attractive entry point for investors, according to analysts at Bank of America, who maintain a ‘Buy' rating on the athletic apparel and footwear brand. Nike shares are down about 6% over the last month, trading at about $63 compared to the bank's $84 price target.
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