BofA Securities Lowers V.F. (NYSE:VFC) to Underperform 2020/10/22 02:58:41 Stock Observer
BofA Securities lowered shares of V.F. (NYSE:VFC) from a neutral rating to an underperform rating in a research note published on Monday morning, Briefing.com reports. The firm currently has $65.00 target price on the textile maker’s stock. A number of other equities analysts have also weighed in on VFC. Royal Bank of Canada increased their […]
BofA Highlights Valuation Concerns In VF Corp Downgrade 2020/10/19 19:08:18 Benzinga
Apparel and footwear VF Corp (NYSE: VFC ) reported a 10% decrease in Vans brand revenue and this should prompt investors to turn bearish on the stock, according to BofA Research. The VF Analyst: Robert Ohmes downgraded VF's stock from Neutral to Underperform with an unchanged $65 price target. The VF Thesis: Van's revenue in the Americas region was down 17% in the reported quarter and there is reason to believe the brand's recovery is lagging peers, Ohmes wrote in the note. Most notably, Nike Inc (NYSE: NKE ) reported a North America FX neutral revenue decline … Full story available on Benzinga.com
VF Tops 2Q Estimates; Shares Decline 2020/10/19 09:50:35 Smarter Analyst
Shares of VF Corp. dropped 2. The post VF Tops 2Q Estimates; Shares Decline appeared first on Smarter Analyst .
VF Corp Trades Lower While Reporting Positive Earnings 2020/10/16 18:14:23 ValueWalk
Commenting on VF Corp’s earnings and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Despite Reporting Positives Earnings, VF Corp Trades Lower The major indices are all trading modestly higher following a strong opening rally in stocks, as bulls are eyeing the first positive session in four […] The post VF Corp Trades Lower While Reporting Positive Earnings appeared first on ValueWalk .
Why BTIG Is Upgrading VF Corp As Retailer Enters Fall Season 2020/09/15 19:33:11 Benzinga
VF Corp (NYSE: VFC ) has made significant progress in addressing excess inventory issues, and there are catalysts ahead that could cause demand trends to improve heading into the fall and winter season, according to BTIG. The VF Corp Analyst: Camilo Lyon upgraded VF Corp from Neutral to Buy and set an $88 price target. The VF Corp Thesis: The company has made "disciplined and targeted investments" in digital and China, Lyon said in the Tuesday upgrade note. VF's sales … Full story available on Benzinga.com