Citigroup Upgrades Nike (NKE)
Citigroup reported on Thursday that they have upgraded footwear retailer, NIKE, Inc.(NKE). The firm reported that they have increased their rating on Nike to a “Buy.” Nike shares were up 71 cents, or 1.31% during Thursday morning trading. The stock has been mostly flat in the past year. The Bottom Line Shares of NIKE, Inc.(NKE) [...]
Citigroup reported on Thursday that they have upgraded footwear retailer, NIKE, Inc.(NKE
).
The firm reported that they have increased their rating on Nike to a “Buy.”
Nike shares were up 71 cents, or 1.31% during Thursday morning trading. The stock has been mostly flat in the past year.
The Bottom Line
Shares of NIKE, Inc.(NKE) have a 1.55% yield, based on Wednesday’s closing price of $54.02.
NIKE, Inc.(NKE) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.