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VF Corp. price target raised to $16 from $14 at Telsey Advisory

Telsey Advisory raised the firm’s price target on VF Corp. (VFC) to $16 from $14 and keeps a Market Perform rating on the shares. The company reported “solid” Q2 results, showing continued improvement in execution, the analyst tells investors. However, below consensus Q3 EBIT guidance reflects ongoing challenges in the operating environment, the firm adds.

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