Shares of athletic apparel brand Nike (NYSE:NKE) jumped 5.4% in the morning session after Jefferies analysts upgraded the stock's rating from Hold to Buy and raised the price target from $75 to $115.

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Shoppers consistently label Nike's Air Max shoes as among the most comfortable sneakers on the planet, and right now Nike is offering a stellar deal on a pair of workout shoes that usually costs almost $100.

Nike's strong financial metrics and product scores represent solid fundamentals, while the high GARP (growth at a reasonable price) score of 93/100 suggests the stock may be attractively valued relative to its growth prospects. Nike shares trade at a free cash flow yield of 4.8% -- a historically attractive valuation for the stock.