On Oct 29, major Wall Street analysts update their ratings for $VF Corp (VFC.US)$, with price targets ranging from $15 to $25.
Citi analyst Paul Lejuez maintains with a buy rating, and adjusts the target price from $20 to $24.
Barclays analyst Adrienne Yih maintains with a buy rating, and adjusts the target price from $22 to $25.
Wells Fargo analyst Ike Boruchow maintains with a sell rating, and maintains the target price at $15.
TD Cowen analyst John Kernan maintains with a hold rating, and maintains the target price at $19.
Baird analyst Jonathan Komp maintains with a hold rating, and maintains the target price at $20.
Furthermore, according to the comprehensive report, the opinions of $VF Corp (VFC.US)$'s main analysts recently are as follows:
VF Corp.'s earnings surpassed expectations, bolstered by enhanced sales, margin, and spending. Notably, the performance of Vans showed sequential improvement, which, despite not being particularly impressive, exceeded the anticipations of many investors who had braced for a less favorable outcome. The stock is anticipated to rise notably due to the prevailing negative sentiment.
VF Corp. reported a fiscal Q2 performance that surpassed expectations, yet the forecast for the second half's earnings is significantly below the consensus, as indicated in an analysis shared with investors.
VF Corp's fiscal second quarter exhibited advancement, outperforming in revenue, margin, and earnings while maintaining inventory control. The operating profit for the period fell short of the general market consensus due to an acceleration in investments aimed at propelling future growth.
VF Corp. shares experienced an upswing following the release of earnings per share that surpassed expectations along with the reinstatement of quarterly guidance. Indications from the third-quarter revenue guidance imply that there is a sequential improvement in trends moving into the second half of the year.
The firm observed that VF Corp.'s Q2 results surpassed expectations. They also acknowledged the company's guidance for revenue/EBIT in the third fiscal quarter was below consensus and adjusted their Free Cash Flow forecast for fiscal year 2025 to reflect an additional $50M in investments. Nonetheless, there was a sense of optimism regarding the company's ongoing progress.
Here are the latest investment ratings and price targets for $VF Corp (VFC.US)$ from 7 analysts:
Note:
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