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VF Corp. price target raised to $14 from $12 at Piper Sandler

Piper Sandler raised the firm’s price target on VF Corp. (VFC) to $14 from $12 and keeps a Neutral rating on the shares. The firm expects upside-to-consensus sales of -1%, driven by strength at TNF and Timberland. At Vans, Piper models sales -12% vs. Street at -13%, and thinks buy-side is looking for slightly better.

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