12 Analysts Assess VF: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on VF Corporation (NYSE:VFC), with recent ratings ranging from bullish to bearish. The average 12-month price target is now $16.38, down from $18.05, indicating a negative sentiment shift. Key analysts from firms like Goldman Sachs and JP Morgan have adjusted their price targets and ratings, reflecting concerns over VF's market performance, including a significant revenue decline and challenges in profitability and debt management.
April 26, 2024 | 9:01 pm
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VF Corporation faces mixed analyst sentiments, with a downward revision in price targets and concerns over its financial health, including revenue decline and profitability issues.
The downward revision in VF Corporation's price targets by multiple analysts reflects growing concerns over the company's financial performance, including a notable revenue decline and challenges in maintaining profitability. Such negative sentiment from analysts, especially considering the adjustments in ratings and price targets, is likely to impact investor confidence and could lead to short-term price pressure on VFC's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100