Engaged Capital, LLC Sees Path To Driving A Mid-$40's Share Price For VF Corp Within Three Years Through Execution Of Plan
Portfolio Pulse from Benzinga Newsdesk
Engaged Capital, LLC, a top shareholder of V.F. Corporation (NYSE:VFC), has issued a presentation outlining actions that could potentially triple VF Corp.'s share price in less than three years. The investment firm also expressed its desire to work with VF Corp.'s leadership to refresh the board and drive sustained value.
October 17, 2023 | 3:04 pm
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POSITIVE IMPACT
Engaged Capital's plan to triple VF Corp.'s share price in less than three years could potentially lead to a significant increase in the company's stock price in the short term.
Engaged Capital, as a top shareholder of VF Corp., has a significant influence on the company. Its plan to triple the company's share price, if executed successfully, could lead to a substantial increase in the stock price. However, the actual impact will depend on the successful execution of the plan and market reaction.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100