More on JPMorgan's upgrade of Nike (NKE -0.3%) to Overweight: The biggest takeaway from the...

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

More on JPMorgan's upgrade of Nike (NKE -0.3%) to Overweight: The biggest takeaway from the firm's report on the retailer is that it believes management's goal of seeing 2015 revenue of $28B to $30B is still intact despite the slowdown in China. Also, look for a boost from Nike's Flyknit brand of running shoes which is off to a strong start and has pricing power due to its edge with consumers.