Guggenheim raised the firm’s price target on VF Corp. (VFC) to $27 from $25 and keeps a Buy rating on the shares. Looking toward 2025, the firm believes VF can be “an outperformer,” as the firm expects an improving top line, improving operating margins and benefits from ongoing balance sheet deleverage, the analyst tells investors.
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Read More on VFC:
- VF Corp. initiated with a Hold at Truist
- VF Corp. credit rating cut to junk by S&P Global
- VF Corp. price target raised to $24 from $19 at TD Cowen
- VF Corp. price target raised to $23 from $20 at Baird
- VF Corporation Outlines FY25 Strategic Growth Plan
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
