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Enter Symbol:
 
Nike, Inc. (NKE) [hlAlert]

Rating:
Outperform
NKE
up 70.32 %

Nike, Inc. (NKE) rated Outperform by Wells Fargo

Posted on: Thursday,  Aug 8, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Nike, Inc. (NYSE: NKE) on 08/08/2013, when the stock price was $66.12. Since
then, Nike, Inc. has gained 70.33% as of 12/28/2015's recent price of $112.62.
If you would have followed this Wells Fargo's recommendation on NKE, you would have gained 70.32% of your investment in 872 days.

NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing of footwear, apparel, equipment, and accessory products. NIKE sells athletic footwear and athletic apparel. It sells its products to retail accounts, through NIKE-owned retail, including stores and Internet sales, and through a mix of independent distributors and licensees, in over 170 countries around the world. Running, training, basketball, soccer, sport-inspired casual shoes, and Kid?s shoes are its footwear categories. It also markets shoes designed for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. It sells a line of performance equipment under the NIKE brand name, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2013 8:25 AM Buy
None
66.12
as of 12/13/2013
1 Week down  -4.33 %
1 Month down  -1.86 %
3 Months up  12.50 %
1 YTD up  15.54 %

(*) Stock Price at the time of the recommendation.
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