Jefferies Initiates Coverage On VF with Hold Rating, Announces Price Target of $20
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on VF Corporation (NYSE:VFC) with a Hold rating and set a price target of $20.
September 27, 2024 | 1:34 pm
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Jefferies has initiated coverage on VF Corporation with a Hold rating and a price target of $20, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not see significant upside or downside in the short term for VF Corporation. The price target of $20 provides a specific valuation benchmark, which is crucial for investors. This neutral stance is likely to result in a stable stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100