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US stocks news: vf corp rose more than 8.3% at one point, and was given a target price and rating upgrade by barclays.
On September 18th, sportswear brand Vans' parent company, VF Corp (VFC.US), rose more than 8.3% in early trading, reaching a high of $19.93. On the news front, Barclays analyst Adrienne Yih raised VF Corp's target price from $19 to $22 and upgraded the rating from 'Neutral' to 'Buy', citing positive sales, inventory inflection points, and other catalysts that will boost the stock price. The analyst believes that starting in the fall of 2024, under the leadership of CEO Bracken Darrell, VF Corp will see transformation throughout the organization.
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