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Nike, Inc. Message Board

  • germantrader71 germantrader71 Feb 24, 2012 5:36 AM Flag

    Morgan Stanley initiating Nike with Equal Weight

    http://twitter.com/#!/germantrader71

    From the report:

    Nike has clear, but well-known, catalysts: a robust
    and innovative pipeline, gross margin tailwinds, and
    a strong sporting event year (Olympics, UEFA). With
    the stock’s valuation at 5 year highs (20x P/E, 12
    EV/EBITDA), we see more upside in other stocks
    within our universe and are initiating EW.

 
NKE
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