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INX:NKE, Oct 23, 08:10 UTC

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Nike Air VaporMax 2 'Safari Animal' Pack Release Date

NKE

Nike Gets Wild for the Latest Round of Air VaporMax 2s. Nike is adding some flare to the Air VaporMax 2 with the upcoming "Safari Animal" pack. While the pack is rumored to include five total pairs, here is a look at the first three—"Crocodile," "Tiger," and "Leopard." Each pair features a specific animal print wrapping the heel with a corresponding color palette used across the rest of the upper. Nike Air VaporMax 2 "Safari Animal/Tiger"Release Date: TBD Price: $190.

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Friday, October 19


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Foot Locker & Nike Celebrate The Return Of Basketball With Two Elevated Experiences, Kicking Off In L.A.

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HOUSE OF HOOPS by Foot Locker has introduced a new type of mobile pop-up shop that will appear around the country during key basketball moments, the first of which is the start of the NBA regular season. "We are excited to partner with Foot Locker on the HOUSE OF HOOPS Courtside experience," said Brian Zappitello, GM of Nike Basketball North America. HOH Courtside at L.A. Live serves athletes and fans by offering exclusive footwear launches and a unique "makers" experience along with a full complement of product from NIKE, Jordan and Converse. "Foot Locker has always looked for new ways to elevate the shopping experience for our customers. It was a natural evolution to embrace AR, taking our scavenger hunts to the next level," said Frank Bracken, VP and GM of Foot Locker, U.S. "There's no better place to launch this exciting technology than in Los Angeles with this special edition of the LeBron 16."

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Nike Gets a Rating Upgrade from Oppenheimer

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Oppenheimer upgraded Nike (NKE) to “outperform” from “perform” on October 18. As of October 18, out of the 37 analysts covering Nike stock, ~60% have recommended a “buy” rating. Analysts’ 12-month average target price for NKE stock is $87.76, which reflects a 16.1% upside based on its October 18 stock price.

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Thursday, October 18


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Is Nike A Tech Company? Oppenheimer Says A Transformation Is Underway

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Few investors consider Nike Inc (NYSE: NKE) a tech stock, but Oppenheimer said in an upgrade note that a "technological evolution is underway." Nike continues to embrace technological evolution as a means to "enhance most all aspects" of its business model, CNBC quoted Nagel as saying in the upgrade note. Investors are not fully appreciating the changes being made that can favorably impact Nike's near- and long-term performance, the analyst said. Oppenheimer forecast a mid-single digit growth rate for the global sportswear market, and said China, Asia Pacific and Latin American will outperform more mature markets.

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Nike to Outperform on ‘Technological Evolution’: Oppenheimer

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Bulls expect Nike stock to gain over 17% as the legacy global brand embraces the power of digital to enhance most facets of its business.

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Nike story has further room to run here, says analyst

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Nike story has further room to run here, says analyst. CNBC VideosOctober 18, 2018, 2:44 PM GMT. Brian Nagel, Oppenheimer senior equity research analyst, discusses the reasons behind his upgrade of Nike. What to read next.

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Why Nike Stock Can Run to $90 a Share

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Nike’s (NKE) run isn’t done, argues Oppenheimer. Where we’re headed: Nike is on track for more gains, bolstered by a benign backdrop and ongoing sales momentum, says Oppenheimer. Nike has long been an analyst favorite, but it hasn’t been immune to earnings worries and recent volatility: While the stock was up some 35% year to date before it reported fiscal first-quarter results in late September, that lead has shrunk to just over 22%—although that’s still ahead of the market.

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Nike is in the midst of a technological revolution

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Nike (NKE) will continue to race ahead in the sneaker space as it aggressively expands its digital presence, according to Oppenheimer. “In our view, Nike represents an already dominant, legacy global brand that is now aggressively embracing the power of digital to enhance most facets of its business,” analyst Brian Nagel said in a research note to clients on Thursday. Nagel upgraded Nike to Outperform from Perform with a $90 price target, which is nearly an 18% move higher from Thursday’s opening price. “A technological evolution is underway at NKE, whereby management is embracing the power of digital as a means to enhance most all aspects of NKE’s business model, including consumer connections, product innovation, and manufacturing,” Nagel said.

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Wednesday, October 17


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The Zacks Analyst Blog Highlights: JPMorgan, Citigroup, NIKE, Constellation Brands and Marriott

C NKE +2 more C NKE JPM STZ

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JPMorgan JPM, Citigroup C, NIKE NKE, Constellation Brands STZ and Marriott MAR. The Zacks analyst thinks expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. While dismal mortgage banking performance (as originations continue to decline) remains a major concern, lower tax rates and easing of stringent regulations are expected to offer some support. Shares of Buy-rankedCitigroup have outperformed the Zacks Major Regional Banks industry over the past six months (-0.7% vs. -3.8%). However, the company possesses an impressive earnings surprise history, beating expectations in all the trailing four quarters.

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Tesla’s (TSLA) “Sell” Rating Reiterated at Bank of America – Fairfield Current

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Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reaffirmed by investment analysts at Bank of America in a research report issued on Friday, September 28th. They currently have a $200.00 target price on the electric vehicle producer’s stock. Zacks Investment Research upgraded Tesla from a “hold” rating to a “buy” rating and set a $327.00 price target for the company in a research note on Tuesday, June 5th. Large investors have recently added to or reduced their stakes in the stock. Northwest Wealth Management LLC acquired a new position in Tesla in the 2nd quarter valued at $103,000.

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