Nike Shares Jump After JPMorgan Highlights Sales, Margin Inflection: 'Just Buy It' - Nike (NYSE:NKE)

Nike Shares Climb After J.P. Morgan Upgrade

Shares of Nike Inc. (NYSE: NKE) surged in early trading Monday, gaining as much as 4.3% after J.P. Morgan issued a bullish upgrade, raising its rating on the stock to Overweight from Neutral. The investment bank also hiked its price target dramatically—from $64 to $93—citing a roadmap for what it believes could be a multi-year resurgence in the athletic wear giant’s financial performance. Although the stock later gave up some of its early moment…

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Nike jumps after JPMorgan upgrade and price target hike

After a messy stretch, analysts say the sneaker retailer could be finally lacing up for a rebound....

JPMorgan upgrades Nike to overweight, citing a multiyear recovery path

JPMorgan believes shares of Nike could rise 18% from here.

Nike Shares Jump After JPMorgan Highlights Sales, Margin Inflection: 'Just Buy It' - Nike (NYSE:NKE)

Nike Inc (NYSE:NKE) shares are trading higher Monday after JPMorgan upgraded the stock to Overweight.

Nike Stock Could Surge 18% as J.P. Morgan Sees Major Turnaround - Wall Street Pit

Nike (NKE) stock rose nearly 4% to $79.28, hitting a four-month high, after JPMorgan (JPM) upgraded its rating to “overweight” and increased its price target by 18% - from $64 to $93 - citing confidence in Nike’s recovery strategy. The company’s five-pronged plan focuses on aligning inventory with sales by…