Baird lowered the firm’s price target on VF Corp. (VFC) to $14 from $17 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results which saw their nonlinear path turn into a deeper reset.
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Read More on VFC:
- VF Corp. price target lowered to $15 from $28 at Stifel
- VF Corp. price target lowered to $12 from $13 at Wells Fargo
- Cautious Outlook for VF Corporation Amid Vans Brand Challenges and Macroeconomic Pressures
- VF Corporation’s Hold Rating: Balancing Margin Improvements with Vans Brand Challenges
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