Jay Sole

Despite its slight earnings beat, Nike Inc (NYSE: NKE) fell as much as 5 percent Wednesday after management guided for contracted gross margins and dampened sales growth. However, analysts professed justified bullishness. Here is what the sell-side had to say about Nike after its Tuesday quarterly...

Shares of Nike Inc (NYSE: NKE) were trading lower by more than 4 percent Wednesday morning in reaction to a mixed earnings report, but some analysts remain as bullish as they were heading into the print. Morgan Stanley's Jay Sole maintains an Overweight rating on Nike's stock with a price target...

Were Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL)'s devastating second quarters largely due to Nike Inc (NYSE: NKE)'s fall from grace? Nike's struggles are well noted, and retailers heavily dependent on the brand have been getting crushed lately. Nike accounted for a...

Finish Line Inc (NASDAQ: FINL)'s surprising second-quarter preliminary earnings release resulted in some analysts throwing in the towel, but Baird Equity Research's Jonathan Komp is sticking with his Neutral rating. The price target has, however, been lowered from $15 to $8. Finish Line's...

Foot Locker Inc. (NYSE: FL)'s recent woes may provide a good buying opportunity at current depressed levels. Last week, Barclays noted that if the company were to never grow again, it still would be worth more than its trading at. Morgan Stanley analyst Jay Sole, sees an excellent opportunity to...

Nike Inc (NYSE: NKE) shares have lagged the market in the past year, but have caught fire of late. The stock is up 13.7 percent in the past month, and Morgan Stanley analyst Jay Sole recently said the athletic apparel giant has put its problems in the past. Morgan Stanley has upgraded the stock...

Shares of Under Armour Inc (NYSE: UA) (NYSE: UAA) have lost more than 25 percent so far in 2017 with the majority of the decline following the company's concerning fourth-quarter earnings report. The sharp decline has prompted Morgan Stanley's Jay Sole to upgrade the stock to Equal Weight with a $...

Shares of Nike Inc (NYSE: NKE) gained nearly 1 percent on Wednesday following its much anticipated second-quarter earnings results, which included top- and bottom-line beats. Here is a summary of how Wall Street analysts reacted to the print. Morgan Stanley Morgan Stanley's Jay Sole maintains an...

Morgan Stanley has maintained its Equal-Weight rating on Nike Inc (NYSE: NKE), saying the second-quarter report, especially weak futures, strengthens the bear case. The market expected Nike's U.S. business to improve by the end of second quarter, but 4 percent drop in North America futures...

Morgan Stanley said in a research note on Monday that, of the athletic wear retailers, Nike Inc (NYSE: NKE) is working hard to get its inventory levels back in shape and Under Armour Inc (NYSE: UA)'s footwear momentum is slowing. However, the firm is of the view adidas AG (ADR) (OTC: ADDYY) remains...

Morgan Stanley says Finish Line Inc (NASDAQ: FINL) could be back to winning ways, as it believes the plan of new CEO Sam Sato is compelling. "New FINL CEO Sam Sato's strategy to stabilize operations, build stronger brand relationships, and grow EPS is more compelling than previously thought. Our...

Morgan Stanley believes Nike Inc (NYSE: NKE) skipped the main point of debate on the competitive athletic wear landscape that signified the company ceding market share to adidas AG (ADR) (OTC: ADDYY) and Under Armour (NYSE: UA) consistently. As a result, the brokerage retained its EPS estimates...

Morgan Stanley’s Jay Sole pointed out that the shift in consumer preference to pure fashion footwear is pushing Skechers USA Inc (NYSE: SKX) to adjust its assortment, leading to slower-than-anticipated sales growth and SG&A deleverage. Sole downgraded the rating on the company from...

Under Armour Inc (NYSE: UA)'s stock was trading lower by more than 2 percent Tuesday morning after the company's second-quarter earnings report fell short of Wall Street's expectations. Under Armour's revenue for the second quarter rose 28 percent year-over-year to $1.0 billion...