UPDATE: Bank of America Raises PO on VFC Corp on Macro Headwinds
December 27, 2013 at 09:26 AM EST
In a report published Friday, Bank of America analyst Robert Ohmes raised the price objective on VF Corp (NYSE: VFC ) from $62.50 to $70.00 and maintained a Buy rating. According to the report, VFC’s decision to raise the price objective was supported by their DCF analysis and is based