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Benzinga
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Top Wall Street Forecasters Revamp VF Corporation Expectations Ahead Of Q4 Earnings

1. VFC to report Q4 earnings on May 21, showing improved loss expectations. 2. Analysts predict quarterly revenue drop to $2.17 billion from $2.37 billion. 3. VFC shares closed at $14.43, up 0.8% prior to earnings. 4. Various analysts maintain Neutral or lower ratings, adjusting price targets downwards. 5. Analyst predictions reflect cautious outlook on VFC's near-term performance.

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FAQ

Why Bearish?

Analysts are downgrading price targets amidst declining revenues and losses. Historical context shows similar downgrades often precede stock declines.

How important is it?

The earnings report and analyst ratings significantly influence investor sentiment and share price. The comprehensive view from multiple analysts raises concerns about VFC's performance.

Why Short Term?

Earnings reports can lead to immediate market reactions, particularly when expectations are not met. Negative earnings outlook often results in quick price adjustments.

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