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Fly News Breaks for October 8, 2015
VFC
Oct 8, 2015 | 07:41 EDT
Canaccord believes VF Corp. investors are focused on what the company's next acquisition will be while giving less credit to the strength of its organic business. The firm believes the company's fundamentals are superior to that of its peer set yet with an inferior valuation. Canaccord reiterated its Buy rating and raised its price target to $90 from $88 on VF Corp. shares.