Tuesday, FBR Capital Markets initiated coverage of VF Corp. (VFC) stock with a Market Perform rating and a price target of $77.
Analyst Eric Tracy believes that VF's efficient, scalable business model is positioned for sustainable long-term growth, given the company's capacity for acquiring, integrating, and profitably growing new brands to augment its strong and diverse portfolio, a testament to one of the best management teams in the industry. International expansion represents a key growth vehicle, as VF is poised to capitalize on its previous investments in its Asian and European infrastructure.
The analyst said that coupled with international penetration, further development of company-owned retail should drive more profitable growth while heightening the profile of the company's brands. VF has established goals of revenue growth of 8%-10% annually, EPS growth of 10%-11% annually, and a 15% operating margin. The analyst believes that these goals will prove attainable as economic conditions and consumer spending patterns normalize.
Currently, VFC is down $0.99 or 1.31% and trading at $74.30.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.