TD Cowen lowered the firm’s price target on VF Corp. to $15 from $17 and keeps a Market Perform rating on the shares. The firm said their recent checks show stress building in athletic footwear, with too much inventory and lack of innovation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VFC:
- OTR Global maintains Negative view on VF Corp. after checks
- Survey shows VF Corp.’s Vans could be turning around, says UBS
- Wolverine World Wide names Bishu Jayaram as Chief Supply Chain Officer
- VF Corp. finds unauthorized occurrences on parts of its IT systems
- The sports and lifestyle brand stocks to own in 2024, according to Stifel
