TD Cowen raised the firm’s price target on VF Corp. (VFC) to $19 from $16 and keeps a Hold rating on the shares. The firm noted shares moved higher following better than expected EPS and the resumption of quarterly guidance. Q3 revenue guidance suggests trends are sequentially improving into 2H.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VFC: