Nike has received a Buy rating from StoneX analyst in addition to another Buy from Bernstein's Aneesha Sherman, issued on September 8. However, RBC Capital maintained a Hold rating on Nike (NYSE: NKE).
The company reported a quarterly revenue of $10.97 billion and a net profit of $1.07 billion for the quarter ending May 31. This is compared to last year's revenue of $11.1 billion and a net profit of $211 million.
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