Nike is expected to release its 2015 fourth quarter earnings results and fiscal year 2015 results on June 25.
Deutsche Bank reiterated full-year earnings estimates of $3.56 per share for 2015 and $3.96 per share in 2016.
Additionally, the firm maintained its "buy" rating with a price target of $115 on the stock.
"Nike remains one of the best gross margin stories in our group; importantly, Nike's business in China should show continued, underlying progress," Deutsche Bank analysts said.
Nike reported a 23% constant currency increase in futures orders for the March through July period, the strongest growth of all its regions, and the basket of Chinese retailers is seeing steady growth, Deutsche Bank noted.
Nike is a seller of athletic footwear and athletic apparel that is engaged in design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services.
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 solid stock price performance, impressive record of earnings per share growth, compelling growth 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."