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V.F. (NYSE:VFC – Get Free Report) had its price objective lowered by research analysts at Stifel Nicolaus from $22.00 to $19.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the textile maker’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 64.79% from the […]
Under Armour (NYSE:UAA – Get Free Report) announced that its Board of Directors has approved a stock repurchase program on Thursday, May 16th, RTT News reports. The company plans to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 16.8% of its shares through open market purchases. Shares […]
Alpha Family Trust acquired a new position in shares of NIKE, Inc. (NYSE:NKE – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,475 shares of the footwear maker’s stock, valued at approximately $269,000. Several other hedge funds also recently modified […]
V.F. (NYSE:VFC – Get Free Report) issued its quarterly earnings results on Wednesday. The textile maker reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.34), Briefing.com reports. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.42 billion. V.F. had a […]