From Financial Modeling Prep: 2024-10-14 12:27:00

Stifel analysts raised their price target for VF Corp. (NYSE:VFC) to $25 from $21, maintaining a Buy rating. They anticipate positive shifts starting in Q3, with potential for VFC shares to surprise on the upside. The October Q2 report may show mixed results, but with constructive developments like a Vans turnaround and improved gross margins.

While The North Face brand may slow in Q2, analysts project a strong recovery in Q3. Q2 is expected to show signs of stabilization, with significant margin expansion potential in H2 and fiscal 2026. Stifel’s projections for H2 and 2026 are above consensus, driven by improving fundamentals and potential for positive estimate revisions, supporting a higher valuation for VFC shares in 2025.



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