Barclays lowered the firm’s price target on VF Corp. to $12 from $16 and keeps an Equal Weight rating on the shares. Despite a Q4 disappointment and a lack of FY25 guidance, cash flow came in better than expected, the analyst tells investors in a research note. The firm believes the single most compelling data point was the fact that the company has now hit its Americas forecast for five consecutive months.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VFC: