BTIG Gives Nike (NKE) a Buy Rating

Core Viewpoint - NIKE, Inc. is recognized as one of the top stocks to buy according to Wall Street analysts, with BTIG initiating coverage and giving it a Buy rating, setting a price target of $100 for the stock [1][2]. Group 1: Analyst Ratings and Projections - BTIG has projected that NIKE's earnings per share (EPS) will reach $1.70 for fiscal year 2026 and $2.75 for fiscal year 2027, indicating confidence in the company's recovery [2]. - The firm anticipates that NIKE can return to operating margins above 12% in the long term, with an estimated EPS of around $3.50 for fiscal year 2028 as the recovery progresses [2]. Group 2: Company Overview - NIKE, Inc. is a multinational corporation that designs, manufactures, and markets athletic footwear, apparel, equipment, and accessories under the Nike, Converse, and Jordan brands [3]. Group 3: Recovery Progress - BTIG noted that while NIKE has made solid progress in its recovery, there is still significant work to be done [1].