Wells Fargo raised the firm’s price target on VF Corp. (VFC) to $13 from $12 and keeps an Equal Weight rating on the shares. Considering China tariffs being lowered to 30% from 145% and the ramifications this should have on the space, the firm again re-scrubs its models and updates estimates to incorporate all relevant variables at this time.
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Read More on VFC:
- VF Corp. price target lowered to $19 from $34 at Barclays
- VF Corp. upgraded to Equal Weight from Underweight at Wells Fargo
- V F Corp put volume heavy and directionally bearish
- VF Corp. price target lowered to $12 from $25 at Goldman Sachs
- VF Corp. price target lowered to $9 from $15 at Williams Trading