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Barclays Maintains an 'Overweight' on VF Corp (VFC); Review of 2Q11; Raising Price Target

July 22, 2011 3:29 PM EDT
Get Alerts VFC Hot Sheet
Price: $15.09 --0%

Rating Summary:
    11 Buy, 26 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 4 | New: 4
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Barclays maintains an 'Overweight' on VF Corp. (NYSE: VFC) price target raised from $120 to $145.00.

Barclays analyst says, "We were impressed by the breadth of this quarter's 15% revenue growth. This breadth and level of growth is admirable given VF's size but speaks to the successful strategies in place for the growth. Accordingly, we are raising our 2011 and 2012 EPS estimates to $7.75 and $9.10, respectively."

For more ratings news on VF Corp. click here and for the rating history of VF Corp. click here.

Shares of VF Corp. closed at $121.05 yesterday.


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