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Analyst Predicts Nike's Stock to Double in Near Future

2015-10-19 10:33:33| Footwear - Topix.net

Nike's relevance continues unabated well into the fourth quarter of 2015 with recent news of Nike's market cap surpassing $100 billion USD, as well as CEO Mark Parker's confident appraisal at the brand's 2015 Investor Day of its ability to deliver $50 billion USD by the end of fiscal year 2020. He's not alone in his bullish predictions for the brand, with Evercore ISI analyst Omar Saad publishing a research note on Sunday that names Nike as the next "mega-cap juggernaut," thus upping his price target for Nike stock from $150 USD to $200 USD - it currently trades on the NYSE for $130 USD.

Tags: future stock double analyst

 

Investors Buy International Paper on Weakness After Analyst Downgrade

2015-10-16 23:49:24| Paper - Topix.net

Traders bought shares of International Paper on weakness during trading on Friday after Citigroup lowered their price target on the stock from $58.00 to $52.00, Analyst Ratings Net reports. $29.01 million flowed into the stock on the tick-up and $12.69 million flowed out of the stock on the tick-down, for a money net flow of $16.32 million into the stock.

Tags: international buy paper investors

 
 

Terex Shares Down 6.3% Following Analyst Downgrade

2015-10-15 20:34:57| Industrial Machines - Topix.net

Terex shares dropped 6.3% during trading on Thursday after BMO Capital Markets lowered their price target on the stock from $29.00 to $23.00, Marketbeat.com reports. The stock traded as low as $18.18 and last traded at $18.27, with a volume of 1,165,388 shares traded.

Tags: shares analyst downgrade terex

 

Morgan Stanley Calls Nike's Analyst Day 'Very Bullish,' Maintained As Top Pick

2015-10-15 15:55:32| Footwear - Topix.net

Shares of Nike Inc have risen 29.89 percent year-to-date to reach a high of $126.43 on Monday. Nike's Analyst Day was better than expected.

Tags: top day pick maintained

 

Hub Group Stock Price Down 2.8% After Analyst Downgrade

2015-10-13 20:56:34| Logistics - Topix.net

Hub Group 's share price dropped 2.8% during mid-day trading on Tuesday after Robert W. Baird lowered their price target on the stock from $44.00 to $42.00, AnalystRatings.Net reports. The company traded as low as $38.78 and last traded at $38.87, with a volume of 230,197 shares traded.

Tags: price group stock analyst

 

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