VF Corp. price target lowered to $15 from $18 at Truist

Truist analyst Joseph Civello lowered the firm’s price target on VF Corp. (VFC) to $15 from $18 and keeps a Hold rating on the shares. While Timberland, The North Face, and other brands remain relatively solid, Vans is expected to decline mid-single digits in FY27 despite prior multiyear headwinds and restructuring efforts, with cost-cutting progress offset by weak wholesale demand, ongoing macro pressures, and limited visibility into a turnaround, adding risk to a projected second-half acceleration embedded in the outlook, the analyst tells investors in a research note.