Goldman Sachs Maintains Neutral on VF, Lowers Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Neutral rating on VF Corporation (VFC) and lowers the price target from $14 to $12.5.
April 26, 2024 | 4:10 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Neutral rating on VF Corporation and lowers the price target from $14 to $12.5.
The reduction in price target by Goldman Sachs, a major financial institution, suggests a bearish outlook on VFC's short-term price potential. This adjustment reflects the analyst's assessment of VFC's valuation, potentially influencing investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100