VF Corporation Reports Third Quarter Fiscal 2024 Results and Announces Strategic Portfolio Review

Go back to VF Corporation Reports Third Quarter Fiscal 2024 Results and Announces Strategic Portfolio Review

Goldman Sachs Downgrades VF Corp. (VFC) to Neutral, 'Longer-dated path to turnaround as profit pressures persist'

February 7, 2024 7:17 AM EST

Goldman Sachs analyst Brooke Roach downgraded VF Corp. (NYSE: VFC) from Buy to Neutral with a price target of $14.00 (from $19.00).

The analyst comments "We downgrade VFC to Neutral from Buy and lower our 12-month price target to $14 from $19. While we continue to see opportunity... More