VF Corp. price target lowered to $16 from $17 at Barclays

Barclays analyst Adrienne Yih lowered the firm’s price target on VF Corp. to $16 from $17 and keeps an Equal Weight rating on the shares. The company’s fiscal Q3 results were negatively impacted by continued weakness from Vans, an inflection to negative growth at TNF, wholesale rationalization, and a cyberattack incident, the analyst tells investors in a research note.