UBS raised the firm’s price target on VF Corp. (VFC) to $15 from $14 and keeps a Neutral rating on the shares. The firm’s checks suggest VF Corp.’s fundamentals remain under pressure, and its base case is that VF’s Q2 is generally in-line with consensus EPS estimates, the analyst tells investors in a research note. The firm sees balanced upside/downside skew over the event.
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