Wedbush Maintains Neutral on VF, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has maintained a Neutral rating on VF Corporation (NYSE:VFC) and increased the price target from $15 to $16.5.
January 31, 2024 | 2:08 pm
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Wedbush analyst Tom Nikic has maintained a Neutral rating on VF Corporation but raised the price target from $15 to $16.5.
The increase in price target by Wedbush suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100