McAdams Wright Ragen Reaffirms “Hold” Rating on Nike (NKE)

From The Dividend Daily
December 28, 2012 - 11:36am

On Friday analysts at McAdams Wight Ragen maintained a “Hold” rating on Nike, Inc. (NKE) despite positive second quarter results. The analysts prefer a better entry point to take advantage of the athletic apparel company’s potential growth. A McAdams Wright Ragen analyst noted, “The strength of Nike’s brands and its history of consistent execution give [...]

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