Schaeffer's Top Stock Picks for '25

Analyst Update: Nike Gets a Profit Target Lift

Argus adjusted its price target on NKE

Dec 26, 2014 at 9:21 AM
facebook X logo linkedin


Nike Inc (NYSE:NKE) saw its price target lifted to $110 from $102 at Argus, which also reiterated its "buy" opinion. The bullish revision isn't unexpected, given the stock's 24% year-over-year advance to trade at $96.29. In fact, 12 of 21 analysts covering the shares have handed out a "buy" or better recommendation, compared to nine "holds" and not a single "sell." Additionally, NKE's consensus 12-month price target of $102 sits in yet-to-be-explored territory.

Short-term options traders, meanwhile, are skeptical. The equity's Schaeffer's put/call open interest ratio (SOIR) of 1.19 sits in the 86th percentile of its annual range, indicating near-term traders are more put-heavy than usual. Whatever your bias, now is an opportune time to buy Nike Inc's (NYSE:NKE) short-term options, as the stock's Schaeffer's Volatility Index (SVI) of 17% sits just 14 percentage points from a 12-month low.

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?