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Fly News Breaks for November 12, 2015
VFC
Nov 12, 2015 | 09:28 EDT
As noted earlier, Sterne Agee CRT downgraded VF Corp to Underperform from Neutral. As reasons for the downgrade, the firm cited the warm weather, elevated inventory levels, consensus estimates that it believes are too high, valuation and its belief that a material acquisition is not imminent. Target $57.
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