Stifel Nicolaus Reaffirms Their Hold Rating on VF (VFC)
In a report released today, Peter McGoldrick from Stifel Nicolaus maintained a Hold rating on VF, with a price target of $18.00.
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McGoldrick covers the Consumer Cyclical sector, focusing on stocks such as Columbia Sportswear, Nike, and VF. According to TipRanks, McGoldrick has an average return of 3.1% and a 61.29% success rate on recommended stocks.
In addition to Stifel Nicolaus, VF also received a Hold from J.P. Morgan’s Matthew Boss in a report issued yesterday. However, on January 14, Bank of America Securities reiterated a Sell rating on VF (NYSE: VFC).
Based on VF’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $2.8 billion and a net profit of $189.77 million. In comparison, last year the company earned a revenue of $2.76 billion and had a net profit of $52.18 million
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