B of A Securities Maintains Underperform on VF, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an Underperform rating on VF Corporation (NYSE: VFC) and lowered the price target from $13 to $11.
May 23, 2024 | 4:50 pm
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B of A Securities has maintained an Underperform rating on VF Corporation and lowered the price target from $13 to $11, indicating a bearish outlook.
The Underperform rating and lowered price target from a major analyst firm like B of A Securities suggest a negative outlook for VF Corporation's stock in the short term. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100