JP Morgan Upgrades VF to Neutral, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss has upgraded VF Corporation (NYSE:VFC) from Underweight to Neutral and increased the price target from $15 to $19.

November 15, 2023 | 11:10 am
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POSITIVE IMPACT
VF Corporation was upgraded by JP Morgan from Underweight to Neutral, with a raised price target from $15 to $19, indicating a more favorable outlook.
The upgrade from Underweight to Neutral by a major financial institution like JP Morgan suggests a change in the company's outlook, which could lead to increased investor confidence and potentially a rise in the stock price in the short term. The increase in the price target further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100