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VF (VFC) Gets a Buy from Needham

Tipranks - Tipranks - Thu Jan 29, 8:48AM CST

Needham analyst Tom Nikic maintained a Buy rating on VF today and set a price target of $25.00.

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According to TipRanks, Nikic is a 4-star analyst with an average return of 7.2% and a 46.74% success rate. Nikic covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, VF, and Steven Madden.

In addition to Needham, VF also received a Buy from Robert W. Baird’s Jonathan Komp in a report issued on January 26. However, today, Telsey Advisory maintained a Hold rating on VF (NYSE: VFC).

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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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