As previously reported, Wedbush analyst Christopher Svezia started VF Corp. with a Neutral rating and $94 price target. The analyst notes that upside to sales and gross margin is likely yet expected by investors with consensus above guidance while his sum-of-the-parts analysis also generates a $94 share price. For Q2 results being reported on Friday, the company should post "strong" results and likely raise its outlook on the year given momentum at Vans and favorable drivers of gross margin, he contends, adding that given the recent weakness in the stock and broader market, it could generate a near-term positive response in shares.