4 Stocks Hitting 52-Week Highs: NKE, SHOO, TNB, CNC
NEW YORK (TheStreet) -- These four companies reached 52-week highs on Tuesday: Nike (NKE), Steve Madden (SHOO), Thomas & Betts (TNB) and Centene (CNC).
Each of these stocks received a buy rating from TheStreet Ratings.
Nike
The apparel and sneaker company was upgraded on Tuesday to a buy from a hold by Argus. The analysts' price target is $118.
Sterne Agee analysts wrote in a report on Jan. 20 that they think the introduction of the new Nike+ FuelBand "is one more step in Nike's strategy to connect with consumers and grow market share." Shares of Nike hit a 52-week high on Tuesday of $104.94. The stock's 52-week low of $69.43 was set on March 22. TheStreet Ratings gives Nike an A+ grade with a $124.66 price target. The stock has risen 8.78% year to date.Select the service that is right for you!
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