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Canaccord analysts say Nike's (NKE) upbeat first quarter guidance seems unlikely to be achieved given its 'moderating futures.'
Stocks turn lower on Wednesday morning after Federal Reserve Chair Janet Yellen triggers fears an interest rate hike could come by year's end.
Morgan Stanley Analyst Jay Sole told CNBC Wednesday that Nike needs a new product that can slow the momentum Adidas has gained from selling the Yeezy.
Nike (NKE) executives were unrealistically upbeat on the company's earnings conference call last night, says Jim Cramer.