US Stock Market Move | NIKE, Inc. Class B (NKE.US) rose more than 4%, and the target price was raised to $115 by Furui.

On Monday, NIKE, Inc. Class B (NKE.US) rose over 4% to $80.07. On the news front, Raymond James analyst Randal Konik raised NIKE, Inc. Class B to a buy rating and increased the target price from $85 to $115. In addition, according to the U.S. Securities and Exchange Commission (SEC) disclosure, hedge fund mogul Ackman has been continuously increasing his position in NIKE, Inc. Class B for the fourth consecutive quarter.