North Face Parent VF Corp's Q3 Marks First Revenue Growth In Nine Quarters, But Goldman Sachs Stays Neutral
VF(VFC) Benzinga·2025-01-31 02:25
Goldman Sachs analyst Brooke Roach reiterated a Neutral rating on the shares of VF Corp VFC and raised the price target from $22 to $25.VFC delivered a broad-based third-quarter beat, and raised its full-year 2025 free cash flow guidance, said the analyst.However, the company provided a fourth-quarter revenue forecast below consensus, primarily due to wholesale timing shifts and foreign exchange impacts. Overall, the analyst remains positive about the company’s progress with its Reinvent strategy, noting co ...