V.F. Corporation shares are trading higher after JP Morgan upgraded the stock from Underweight to Neutral and raised its price target from $15 to $19.
Portfolio Pulse from Benzinga Newsdesk
V.F. Corporation (VFC) shares are experiencing an uptick following an upgrade by JP Morgan from Underweight to Neutral, accompanied by a price target increase from $15 to $19.
November 15, 2023 | 4:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
V.F. Corporation's stock is likely to see a positive short term impact due to JP Morgan's upgrade and increased price target.
Analyst upgrades typically lead to a positive short term reaction in a stock's price as they reflect a change in sentiment and expectations about the company's future performance. The increase in price target further supports the potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100