Nike Inc’s FQ3 2017 results exhibited improved sequential gross margin stability and a robust top-line performance.“We are particularly bullish on current product cycle,” Jefferies’ Randal Konik said in a report, while adding that the company is the main beneficiary of “a strong retro trend.”While maintaining a Buy rating and $75 price target, Konik mentioned the stock remains the “Top Pick” for 2017.Read more