VF Corp. price target raised to $25 from $14 at BMO Capital

BMO Capital raised the firm’s price target on VF Corp. (VFC) to $25 from $14 and keeps a Market Perform rating on the shares. The company reported an “impressive” Q3 earnings beat and likely guided a “conservative” Q4, the analyst tells investors in a research note. The stock trades at a lofty valuation, but the firm continues to expect VF Corp. to continue to post adjusted EBIT and EPS beats, BMO added.