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Nike: $50 Billion In 2020 Revenue Implies $125 Fair Value
2015-10-19 10:33:34| Footwear - Topix.net
On a required rate of return of 7%, we believe shares are worth $125 today if the company can net $50 billion in sales in 2020. Investors should keep in mind that fashion trends are not permanent, and that the athleisure trend, while currently strong, is transient in the bigger investment scope.
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Category:Consumer Goods and Services
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