Barclays has decided to maintain its Equal-Weight rating of VF VFC and lower its price target from $63.00 to $48.00.
Shares of VF are trading up 0.04% over the last 24 hours, at $47.34 per share.
A move to $48.00 would account for a 1.39% increase from the current share price.
VF designs, produces, and distributes branded apparel and accessories. Its largest apparel categories include action sports, outdoor, and workwear. Its portfolio of about 15 brands includes Vans, The North Face, Timberland, Supreme, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. The company has grown through multiple acquisitions and traces its roots to 1899.
About Analyst Ratings
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