Telsey Advisory Group Maintains Outperform on VF, Lowers Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Dana Telsey maintains an Outperform rating on VF Corporation (NYSE:VFC) but lowers the price target from $36 to $27.
May 24, 2023 | 9:14 am
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NEUTRAL IMPACT
Telsey Advisory Group maintains an Outperform rating on VF Corporation (NYSE:VFC) but lowers the price target from $36 to $27.
The news of Telsey Advisory Group maintaining an Outperform rating on VF Corporation indicates a positive outlook for the company. However, the lowering of the price target from $36 to $27 suggests a more conservative valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100