NEW YORK (TheStreet) -- Shares of Nike (NKE) are up 0.31% to $76.45 in pre-market trading after D.A. Davidson & Co. projected "revenue of $7.35 billion and 76 cents per share, versus its consensus of $7.34 billion and 75 cents per share" for the sports apparel maker's fiscal fourth quarter results.
D.A. Davidson maintained its "neutral" rating and $82 price target for Nike, which is due to report earnings on June 26.
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Separately, TheStreet Ratings team rates NIKE INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate NIKE INC (NKE) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."