Telsey Advisory raised the firm’s price target on VF Corp. (VFC) to $16 from $14 and keeps a Market Perform rating on the shares. The company reported “solid” Q2 results, showing continued improvement in execution, the analyst tells investors. However, below consensus Q3 EBIT guidance reflects ongoing challenges in the operating environment, the firm adds.
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Read More on VFC:
- VF Corp. price target raised to $15 from $13.50 at Goldman Sachs
- VF Corp. price target lowered to $18 from $19 at Barclays
- VF Corp. downgraded to Neutral from Outperform at KGI Securities
- VF Corp. price target raised to $14 from $12 at BofA
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