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Fly News Breaks for January 24, 2020
VFC
Jan 24, 2020 | 08:48 EDT
For a second quarter in a row, VF's results and commentary did not impress, likely putting the company in an "investor penalty box near-term," Deutsche Bank analyst Paul Trussell tells investors in a research note. The analyst lowered his price target for the shares to $84 from $88 and keeps a Hold rating on the name. With "tough" compares ahead, Trussell expects investors to continue to press management on their next acquisition target.
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