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Fly News Breaks for October 19, 2016
VFC
Oct 19, 2016 | 07:18 EDT
Canaccord analyst Camilo Lyon lowered his price target on VF Corp. to $68 from $76 heading into Q3 results. The analyst cited reports of slowing sales, inventory issues, and negative sentiment weighing on the shares. Lyon maintains his Buy rating on VF Corp. shares citing the stability of the portfolio of brands and his belief the stock has become oversold.
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