VF Corp. Is a Buy. Analyst Says Stock ‘Is Nearing An Inflection Point.’

Shares of

VF Corp,

owner of Vans, The North Face, and JanSport, were on the rise Friday following a ratings lift from analysts at Goldman Sachs who are upbeat about the company’s future performance.

In a Thursday report, analyst Brooke Roach raised her rating on VF stock (ticker: VFC) to Buy from Sell and increased her target for the price to $27 from $26. Shares gained 3.8% to $22.64 in Friday trading.