Nike: Not So Fast?

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Last week, Nike (NKE) womens air max cheap surprised the market with better-than-expected earnings and sales, helping to send its shares up 11% on Friday. After cheap air jordan a bumpy rise, is Nike now in the clear? Hilliard Lyons analyst Jeffrey cheap air max shoes Thomison isn't so sure. He explains why he's keeping his rating on Nike at Neutral despite Friday's big move: While recent cheap nike air max EPS figures have been solid, we believe a shift to more direct-to-consumer business models, foreign currency headwinds, and nike air max cheap stiffer competition are factors to watch. We have slightly lowered our FY18 financial estimates. We will continue to closely monitor key factors, the related impact on Nike’s financials, and stock valuation (currently 24x our FY18 EPS estimate) as we seek a more attractive entry point.