Edward Jones Upgrades VF Corp. (VFC) to Buy

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Goldman Upgrades VF Corp. (VFC) to Buy, 'we believe strategic initiatives now in place to improve execution will drive relative outperformance in the stock'

April 14, 2023 5:29 AM EDT

Goldman Sachs analyst Brooke Roach upgraded VF Corp. (NYSE: VFC) from Sell to Buy with a price target of $27.00 (from $26.00).

The analyst comments "We upgrade VFC to Buy from Sell. VFC's revenue and earnings trajectory has underperformed the market, but we believe the stock is nearing an inflection point with the balance... More