Nike Stock Jumps As Analysts See Signs Of A Turnaround
1. Nike's stock rose 5.65% after strong earnings report. 2. Earnings per share were 49 cents, beating 28 cents consensus. 3. Analysts raised price targets, indicating bullish outlook for NKE. 4. Sales growth was better than expected across various product lines. 5. Positive trends in running category sales support future revenue growth.