Telsey Advisory analyst Dana Telsey raised the firm’s price target on VF Corp. to $19 from $15 and keeps a Market Perform rating on the shares. The company reported a “solid” Q1 beat, with better-than-expected results across the board, the analyst tells investors. The firm remains encouraged with the company’s continued focus on improving the balance sheet, delivering cost savings, and refocusing the brand portfolio following its sale of Supreme.
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