VF Corp Stock Tumbles as Analysts Cut Targets Following Disappointing Earnings and Outlook

VF Corp stock fell over 11% as analyst Brooke Roach of Goldman Sachs cut her price target.

Roach is the latest of several analysts recently revising down their outlook on VF Corp.

The cuts follow VF Corp's Q2 earnings which missed estimates and withdrew guidance.

VF Corp also cut its dividend and reduced free cash flow projection.

Despite the cut, Roach maintains a buy rating on VF Corp stock.