VF Corp. recent pullback a buying opportunity, says Citigroup Citigroup said the recent pullback in VF Corp is a buying opportunity ahead of earnings. The firm believes shares have been pressured by recently warm weather and that there is limited downside at current levels. Shares are Buy rated with a $184 price target.
Weather suggests weak end to quarter for footwear and apparel, says Canaccord Canaccord said the warm September weather suggests a weak end to Q3 for the footwear and apparel space. The firm believes Q3 estimates will be safe but expects softer guidance for Q4. Canaccord categorized its covered stocks into three risk buckets with regards to earnings risk, with Steve Madden (SHOO) and VF Corp. (VFC) in the low risk category, Deckers Outdoor (DECK) in the medium risk and Columbia Sportswear (COLM) in the high risk category.