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Direxion Daily Retail Bull 3X ETF
As of May 30, 2026 at 09:30 UTC
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About Direxion Daily Retail Bull 3X ETF
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Latest News
5 articles
Nike Inc (NYSE: NKE) beat consensus estimates in the third-quarter, paying 79 cents per share on revenues of $12.4 billion. Nike Direct sales rose 17% year-over-year, while digital sales increased by 20% and wholesale grew 12%. Despite some weakness in China, where Nike Brand revenues fell 8% year-over-year, analysts see a recovery in the near term, with many giving Outperform ratings on the stock. The Raymond James Analyst: Rick Patel reiterated an Outperform rating on Nike, and raised the price target from $130 to $135. Patel said he expects the company's revenue to benefit from ongoing strength in Nike Direct, global brand momentum, higher average selling prices, innovation, and FX in 2024. Raymond James sees a material GM expansion as Nike makes progress on recapturing âtrapped marginsâ from transitory issues. Check out more Nike ratings here. The Morgan Stanley Analyst: Alex Straton maintained an Overweight rating, and raised his price target from $138 to $140. Straton said that while the report wasn't a game-changer, ...Full story available on Benzinga.com
