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Initiating Coverage On Nike With A $127 Fair Value

2015-02-10 15:43:11| Footwear - Topix.net

Nike is trading below its EMAs and sports a lower RSI than Under Armour and Adidas, signaling a good entry point for investors from a technical analysis standpoint. We feel the company has plenty of room to grow revenues, especially in its Basketball, Soccer, and Men's Training segments.

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Category:Consumer Goods and Services

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