By: Benzinga
May 07, 2013 at 11:54 AM EDT
UPDATE: J.P. Morgan Raises PT on Nike on Multiple Positive Factors
In a report published Tuesday, J.P. Morgan analyst Matthew R. Boss reiterated an Overweight rating on Nike (NYSE: NKE ), and raised the price target from $64.00 to $70.00. In the report, Boss noted, “NKE's runway remains long with upcoming catalysts including (1) Fall Analyst Day (likely October), (2) China
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