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.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.