On October 16, Wells Fargo & Co lowered the target price of the outfitters vf corp from $16 to $15 and downgraded the rating from 'Neutral' to 'Shareholding'. The bank stated that the investigation shows that the turnaround trajectory of the Vans brand under vf corp may be stagnant, and warned that the growth of The North Face brand in the coming quarters may face risks. (Gelonghui)
大行评级｜富国银行：下调威富集团目标价至15美元 评级下调至“减持”
Major bank rating | wells fargo & co: Lowering vf corp's target price to $15, downgraded to "shareholding".
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