Brooke Roach reiterates Neutral rating on VF Corp shares and raises price target

Goldman Sachs analyst Brooke Roach has reiterated a Neutral rating on the shares of VF Corp (VFC) and raised the price target from $22 to $25.

VF Corp is a well-known global apparel and footwear company that owns popular brands such as The North Face, Vans, and Timberland. The company has been navigating through a challenging retail environment, and analysts have been closely monitoring its performance.

Brooke Roach’s decision to reiterate a Neutral rating on VF Corp’s shares indicates that she believes the stock is currently fairly valued. By raising the price target from $22 to $25, Roach is expressing optimism about the company’s potential for growth in the future.

How will this news impact me?

If you are a shareholder of VF Corp, this news may give you some insight into what to expect in terms of the company’s stock performance. It is always important to do your own research and consult with a financial advisor before making any investment decisions.

How will this news impact the world?

VF Corp is a major player in the global apparel industry, and any changes in its stock performance can have ripple effects on the market as a whole. Investors and industry experts will be watching closely to see how this news may influence consumer behavior and trends in the retail sector.

Conclusion

In conclusion, Brooke Roach’s decision to reiterate a Neutral rating on VF Corp’s shares and raise the price target reflects her confidence in the company’s potential for growth. As always, it is important to consider multiple sources of information and seek professional advice when making investment decisions.