Analysis: Nike looks fairly priced


Janney Montgomery Scott reiterates a Fair Value rating on Nike (NKE -0.5%) on its view that valuation is getting stretched.

The investment firm bumped up its price target on Nike to $77.

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Comments (1)
  • Brad Castro
    , contributor
    Comments (1402) | Send Message
     
    Love it - valuation is "getting stretched" but let's bump up the price target just in case.

     

    I think it might rain tomorrow, but I'm also increasing the odds that it's going to be sunny.
    24 Mar 2014, 07:08 PM Reply Like
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