NEW YORK (TheStreet) -- Shares of Nike (NKE) - Get Report are up 0.30% to $96.10 in early morning trading Monday despite Credit Suisse's price target decrease to $99 from $102, while maintaining an "outperform" rating. 

"Heading into Nike's third quarter of 2015, we have increased conviction in the company's ability to drive solid earnings growth into the 2016 fiscal year through continued market share capture in the U.S., strong demand trends in China and benefits from Western Europe's restructuring initiatives and subsequent EBIT margin recapture," analysts said. 

Credit Suisse said it anticipates 9% global futures growth in its third quarter, a slight sequential deceleration from the second quarter's 11%.  

"With dominant market share, the deepest pockets, and consistent innovation, we expect Nike to continue to capture market share in the U.S. footwear space,"analysts said, adding that there should be 9% to 10% sustainable footwear growth over the next 12 months.

Credit Suisse expects substantial leverage of fixed expenses at this rate of growth, suggesting opportunity for 100 to 150 bp of operating margin expansion in the region, versus 130 bp in 2014. 

Given weaker currency trends, Credit Suisse lowered its third quarter revenue and earnings estimates to $7.44 billion and 83 cents per share from $7.6 billion and 85 cents per share, respectively.  

The 2015 fiscal year revenue and earnings estimates were also lowered by the firm to $30.23 billion and $3.53 per share from $30.76 billion and $3.59 per share, respectively. 

Separately, TheStreet Ratings team rates NIKE INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

"We rate NIKE INC (NKE) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."

You can view the full analysis from the report here: NKE Ratings Report

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