Footwear

According to Citi, Nike (NYSE: NKE) Buy rating is reiterated. Citi said that Nike will report its 4Q11 Results around 4:15pm on 6/27 with a conference call at 5pm. “We reiterate our Buy as we believe NKE has long-term growth with renewed apparel growth, innovation driving footwear sales, strong...

Nike (NYSE: NKE) is going to report fourth quarter earnings tonight after the bell, and Wall Street will be looking forward to seeing how rising commodity costs are affecting the world's largest athletic footwear maker. Nike is expected to report earnings of $1.16 per share on revenues of $5.54...

Capstone has upgraded Deckers Outdoor (NASDAQ: DECK) from Hold to Buy and has established a $98 price target.

This is your Benzinga news summary and traders' outlook for Monday, June 27, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly higher with the U.S. dollar trading slightly flat on the session...

US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 34 points to 11,915.00 and futures on the S&P 500 stock index rose 4.90 points to 1,267.90. Nasdaq 100 futures jumped 9.25 points to 2,217.00. US...

Nike Inc (NYSE: NKE) is projected to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Park Electrochemical Corporation (NYSE: PKE) is estimated to post its Q1 earnings at $0.41 per share on revenue of $52.11 million. Standard Microsystems Corporation (NASDAQ: SMSC) is expected to post its...

Some of the stocks that may grab investor focus today are: Wall Street expects Nike Inc (NYSE: NKE) to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Nike shares fell 1.23% to close at $81.18 on Friday. Analysts are expecting Park Electrochemical Corporation (NYSE: PKE) to have earned $...

Rocky Brands (NASDAQ: RCKY) has signed a multi-year licensing agreement to allow 3D Belt Company to design, manufacture and sell belts, wallets and cell phone cases under the Rocky and Georgia Boot brands. For Rocky, 3D Belt Company will produce belts and accessories in the outdoor, western, work...

BB&T Capital Markets has upgraded Deckers Outdoor (NASDAQ: DECK) from Hold to Buy with a $105 price target.

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

Goldman Sachs is out with a research note this morning, where it suggests that traders buy put spreads on NIKE, Inc. (NYSE: NKE) to hedge margin risk. Goldman Sachs retail analyst Michelle Tan rates NKE shares Neutral and sees modest upside to her $85 12 month price target on shares. While NKE...

Jefferies is reiterating its Buy rating and its $100 price target on Nike (NYSE: NKE) as the company prepares to release its numbers from F4Q11. According to Jeffries, “We believe Nike is positioned to capitalize on a strong product cycle still in its early innings. We believe the recent pullback...

Sterne Agee reiterated its Buy rating on Crocs (NASDAQ: CROX). At the same time, Sterne Agee raised its price target on the company's stock from $25 to $30 after raising its earnings per share estimates for the next two years. In a research report published today, Stern Agee states, "Based on...

Sterne Agee has raised the price target on Crocs (NYSE: CROX) from $25 to $30 and maintains its Buy rating.

Citi reiterated its Buy rating on Nike (NYSE: NKE). At the moment, Citi has a price target of $95 placed on the company's stock. In a research report published today, Citi states, "We reiterate our Buy as we believe NKE has solid long-term growth potential on renewed apparel performance,...