Nike's relevance continues unabated well into the fourth quarter of 2015 with recent news of Nike's market cap surpassing $100 billion USD, as well as CEO Mark Parker's confident appraisal at the brand's 2015 Investor Day of its ability to deliver $50 billion USD by the end of fiscal year 2020. He's not alone in his bullish predictions for the brand, with Evercore ISI analyst Omar Saad publishing a research note on Sunday that names Nike as the next "mega-cap juggernaut," thus upping his price t...
Nike's relevance continues unabated well into the fourth quarter of 2015 with recent news of Nike's market cap surpassing $100 billion USD, as well as CEO Mark Parker's confident appraisal at the brand's 2015 Investor Day of its ability to deliver $50 billion USD by the end of fiscal year 2020. He's not alone in his bullish predictions for the brand, with Evercore ISI analyst Omar Saad publishing a research note on Sunday that names Nike as the next "mega-cap juggernaut," thus upping his price t...
Share this Article
Recommended