Deutsche Bank Maintains Buy on VF, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Buy rating on VF Corporation (NYSE:VFC) but lowers the price target from $33 to $26.
May 24, 2023 | 2:19 pm
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Deutsche Bank maintains a Buy rating on VF Corporation (NYSE:VFC) but lowers the price target from $33 to $26.
The news of Deutsche Bank maintaining a Buy rating on VF Corporation indicates a positive outlook for the company. However, the lowering of the price target from $33 to $26 suggests that the analyst has revised their expectations for the stock's performance. This may lead to a neutral short-term impact on the stock price, as the positive Buy rating is counterbalanced by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100