Tom Nikic

Foot Locker, Inc. (NYSE: FL) stock surged 17 percent Wednesday morning after a big earnings beat. Shares of Nike, Inc. (NYSE: NKE) are also trading higher by 1.3 percent as investors see Foot Locker’s big quarter as a positive sign for Nike’s latest product lines. Benzinga took a...

Skechers USA Inc (NYSE: SKX) are soaring higher after reporting a third-quarter earnings beat after the close Thursday. The Manhattan Beach, California-based footwear brand delivered Q3 earnings of 58 cents per share, beating estimates by 6 cents. While the footwear maker missed ...

After Nike, Inc. (NYSE: NKE)’s launch of new advertising and an improved brand assortment, Wells Fargo is turning bullish on partner Foot Locker, Inc. (NYSE: FL) The Analyst Wells Fargo's Tom Nikic upgraded Foot Locker from Market Perform to Outperform and raised the price...

After Skechers USA Inc (NYSE: SKX) disappointed investors with its second-quarter earnings report and third-quarter guidance Thursday, Wells Fargo said it's lost confidence the footwear maker's earnings trajectory. The Analyst Wells Fargo's Tom Nikic downgraded...

Retailer Foot Locker Inc (NYSE: FL) believes that good Nike Inc (NYSE: NKE) product will soon outweigh the bad, according to Wells Fargo.  The Analyst  Wells Fargo’s Tom Nikic reiterated a Market Perform rating on Nike and raised the price target from $62 to $74. The Thesis...

Finish Line Inc (NASDAQ: FINL) stock is up more than 26 percent in the past five trading sessions on rumors of a potential buyout by the U.K. company Sports Direct. A deal would likely come at a steep premium to Finish Line’s recent market price, Wells Fargo analyst Tom Nikic said...

Under Armour Inc (NYSE: UAA)'s ongoing struggles within the apparel and athletic category have been well communicated to investors, and the stock has been hard hit throughout 2017. Yet among the athletic-focused group, Under Armour's stock comes with the most downside risk, at least according to...

As the Cleveland Cavaliers face elimination in Game 5 of the NBA Finals, they find themselves at a very familiar 3–1 deficit. The NBA as a whole has found itself in a quite a familiar spot as well this June, a month in which the Warriors and the Cavaliers have faced each other three straight...

Nearly every signature shoe release from Under Armour Inc. (NYSE: UAA) Steph Curry’s line has been blasted on social media. After debuting the latest model, the Curry 4, in the first game of the NBA Finals, it appears Under Armour may have finally gotten one right. Better Days Ahead Wells...

Commenting on Under Armour Inc (NYSE: UAA)'s first-quarter results, Wells Fargo Securities said the company cleared the low bar, although it cautioned that red flags still abound. Q1 Print Analysts Tom Nikic and Ike Boruchow noted the company's first-quarter sales and earnings per share...

Under Armour Inc (NYSE: UA) (NYSE: UAA) seems to be in the early stages of its first-ever “speed bump” and there are concerns around the company’s ability to return to top-line growth in excess of 20 percent, Wells Fargo’s Tom Nikic said in a report. While maintaining a...

Following Under Armour Inc (NYSE: UA) (NYSE: UAA) fourth-quarter miss, Wells Fargo said this is a game changer and downgraded the shares of the company. The company announced before the markets opened on Tuesday fourth-quarter earnings and revenues that missed estimates. The company also announced...

Ahead of their Q4 updates, Wells Fargo’s Tom Nikic initiated coverage of Skechers USA Inc (NYSE: SKX) with an Outperform rating and Steven Madden, Ltd. (NASDAQ: SHOO) with a Market-Perform rating. The valuation ranges for the stocks are $30–$32 and $38–$40, respectively. Skechers...

Wells Fargo thinks that Under Armour Inc (NYSE: UA) is one company with a strong growth story and enough opportunities to expand its P&L. The firm didn't find any issues in the growth prospects for the year 2017. Therefore, the brokerage upgraded shares to Outperform and boosted the...

Wells Fargo believes Kate Spade & Co (NYSE: KATE) shares provide compelling risk/reward on second-half acceleration potential. The current levels provide a good entry point for investors, since the stock underperformed its group by 10 percent due to heightened investor skepticism. The brokerage...