North Face Parent V.F. Corp To Improve Gradually In Next Four To Six Quarters, Analyst Upgrades Stock
VFCVF(VFC) Benzinga·2024-09-19 02:47

Barclays analyst Adrienne Yih upgraded V.F. Corporation VFC from Equal-Weight to Overweight, raising the price forecast from 19 to 19 to 22.The analyst forecasts that the company will start to experience gradual improvements in its fundamentals over the next four to six quarters, beginning modestly in the fall of 2024.By the time the analyst anticipates a return to margin expansion and/or sustainable positive sales for the company, the stock has usually risen significantly from its absolute low.The analyst note ...