JPMorgan analysts upgraded Nike stock, urging investors to “Just Buy It!” Shares traded at a 5-month high after the upgrade, with the price target raised to $93 from $64. The analysts cited Nike’s multi-year recovery plan, including improving inventory alignment and new product launches. Nike shares rose 4% at the opening bell.

Read more at Yahoo Finance: Nike Stock Gets Upgrade From JPMorgan Analysts, Who Say to ‘Just Buy It!’