Wedbush initiates coverage on Nike (NKE) with a Neutral rating and $56 price target. The firm...

|About: Nike Inc. (NKE)|By:, SA News Editor

Wedbush initiates coverage on Nike (NKE) with a Neutral rating and $56 price target. The firm thinks staying on the sidelines through a tough comp period in the spring and summer may be prudent, but likes the long-term potential for the company's international business.