V.F. Corp. (VFC) Announces CFO Departure

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Go back to V.F. Corp. (VFC) Announces CFO Departure

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