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Fly News Breaks for August 21, 2015
VFC
Aug 21, 2015 | 07:37 EDT
UBS met with VF Corp. management and believes the company is on track for its strongest organic earnings growth in three years. The firm also sees accelerating growth in its higher margin business and increasing leverage which should drive upside to second half estimates. UBS reiterated its Buy rating and $83 price target on VF Corp. shares.