How Recent Target Cuts Are Reframing The ASOS (LSE:ASC) Investment Story
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ASOS has just seen its fair value trimmed slightly from £3.60 to £3.51, feeding into a lower price target of £2.40 that keeps the stock in the Neutral camp. Behind that shift is a reset in revenue growth assumptions, with the model input moving from a previously much higher figure to 35.97%, reflecting more cautious expectations for how quickly the top line may build from here. Investors who wish to monitor how these changing growth assumptions affect the ASOS narrative can follow future...
📄 Summary
ASOS has just seen its fair value trimmed slightly from £3.60 to £3.51, feeding into a lower price target of £2.40 that keeps the stock in the Neutral camp. Behind that shift is a reset in revenue growth assumptions, with the model input moving from a previously much higher figure to 35.97%, reflecting more cautious expectations for how quickly the top line may build from here. Investors who wish to monitor how these changing growth assumptions affect the ASOS narrative can follow future...