VF Corp. price target raised to $24 from $20 at Truist

Truist raised the firm’s price target on VF Corp. (VFC) to $24 from $20 and keeps a Hold rating on the shares. The North Face and Timberland both outperformed, but softer Q4 guidance implies that pull-forward was a key driver in Q3, the analyst tells investors in a research note. Vans’ topline trends also remain under pressure, which remains the largest headwind for shares, the firm added.