Wedbush Reiterates Neutral on VF, Maintains $21 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Tom Nikic has reiterated a Neutral rating on VF (NYSE:VFC) and maintained a $21 price target.
August 16, 2023 | 12:37 pm
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Wedbush analyst Tom Nikic has reiterated a Neutral rating on VF (NYSE:VFC) and maintained a $21 price target. This could indicate that the stock's current price is fairly valued.
The reiteration of a Neutral rating and a maintained price target by a well-known analyst could influence investor sentiment. However, as the rating is Neutral, it suggests that the analyst believes the stock is currently fairly valued, which may not lead to significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100