Wells Fargo Maintains Equal-Weight on VF, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Equal-Weight rating on VF Corporation (NYSE: VFC) but lowers the price target from $14 to $11.
May 23, 2024 | 2:25 pm
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Wells Fargo has maintained its Equal-Weight rating on VF Corporation but has lowered the price target from $14 to $11, indicating a more cautious outlook.
The lowered price target from $14 to $11 by Wells Fargo suggests a more cautious outlook on VF Corporation's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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