VF Corp. price target raised to $21 from $17 at Wells Fargo

Wells Fargo raised the firm’s price target on VF Corp. (VFC) to $21 from $17 and keeps an Underweight rating on the shares. For the 3rd straight quarter, the firm sees a material expense/margin-led beat as VF is proving an ability to push margins up off of trough levels. However, Vans remains weak and channel dynamics are a concern heading into the first half of 2026, Wells adds.