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Why Did V.F. Plunge 11.16% on Earnings Loss Forecast?
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, May 21, 2025 6:42 am ET1min read
On May 21, 2025, V.F. experienced a significant drop of 11.16% in pre-market trading, reflecting a challenging period for the company.
V.F. Corporation has projected an adjusted operating loss for the first quarter, ranging between $110 million and $125 million. This forecast underscores the company's current financial difficulties as it navigates through tough market conditions. Investors are closely watching V.F.'s strategies to overcome these financial obstacles and enhance future performance.
Analysts have provided varying price targets for V.F. Corporation, with an average target price of $18.65, suggesting a potential upside of 29.25% from the current price. The consensus recommendation from brokerage firms indicates a "Hold" status, reflecting a cautious outlook on the company's near-term prospects.
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