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Nike, Lululemon Initiated with Positive Ratings at Raymond James By Investing.com

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© Reuters. By Sam Boughedda Raymond James started Nike (NYSE:) with an Outperform rating and Lululemon Athletica (NASDAQ:) with a Strong Buy rating in a note focused on global athletic brands on Thursday. Raymond James analysts set a price target of $345 on Lululemon, telling investors the firm thinks it is one of the highest …

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Shares in Puma, Adidas Slide After Nike Warns of FY Gross Margin Pressure

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Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms …

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Dow Futures Tick Higher, Nike Sheds 8.3% After Reporting

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By Oliver Gray  Investing.com – U.S. stock futures were trading slightly higher during Thursday’s evening trade, after major benchmark indices fell during regular trade as investors retreated amid further expected interest rate increases by Federal Reserve officials and slowing global growth. By 7:20pm ET (11:20pm GMT) added 0.2% while and gained 0.3% apiece. In extended …

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Nike Shares Down 2% Despite Better Than Expected Q1 Results By Investing.com

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© Reuters By Davit Kirakosyan Nike (NYSE:) shares were trading more than 2% lower after-hours despite the company’s reported , with EPS of $0.93 coming in better than the consensus estimate of $0.92. Revenue grew 4% year-over-year (up 10% on a currency-neutral basis) to $12.7 billion, compared to the consensus estimate of $12.29 billion. NIKE …

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RBC Starts Nike at Outperform, Sees 25% Upside By Investing.com

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© Reuters. By Senad Karaahmetovic Nike (NYSE:) shares are up almost 1% in premarket after an RBC Capital Markets analyst initiated research coverage with an Outperform rating and a $125 per share price target. Nike is described as a “100lb gorilla in sportswear with #1 market share” that could see its shares rally on the …

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Nike Stock Drops After Barclays Downgrade on Rising Inventory Risk By Investing.com

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© Reuters. By Senad Karaahmetovic Shares of Nike (NYSE:) are down almost 3% in premarket trading Tuesday after a Barclays analyst downgraded to Equal Weight from Overweight and cut the price target to $110 from $125 per share. The analyst outlined 5 key factors behind the downgrade to EW: 1) bearish Wholesale sector demand risk …

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