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Fly News Breaks for July 19, 2018
VFC
Jul 19, 2018 | 08:34 EDT
Baird analyst Jonathan Komp raised his price target on VF Corp. to $97 from $90 ahead of Q1 results. The analyst said he expects a good revenue and margin performance and can see raising his estimates toward the upper end or above prior targets. He continues to see a bullish fundamental backdrop based on strong brand momentum and healthy margin expansion potential. Komp reiterated his Outperform rating on VF Corp. shares.
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