VF Corp Gets Price Target Cuts By Analysts Following Q4 Results
Portfolio Pulse from Lisa Levin
V.F. Corporation (NYSE:VFC) reported better-than-expected Q4 earnings of 17 cents per share, beating estimates of 14 cents per share, with sales of $2.74 billion. However, several analysts cut their price targets on the stock following the announcement.
May 24, 2023 | 12:23 pm
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V.F. Corporation's Q4 earnings beat estimates, but analysts from Telsey Advisory Group, Citigroup, Wells Fargo, and Baird cut their price targets on the stock.
V.F. Corporation reported better-than-expected Q4 earnings, which could have a positive impact on the stock price. However, several analysts cut their price targets on the stock, indicating a potentially neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100