February 19, 2013 at 08:47 AM EST
DA Davidson Upgrades V.F. Corp to “Buy” (VFC)

Due to an optimistic view of long-term prospects for V.F. Corporation (VFC), analysts at DA Davidson upgraded the lifestyle apparel maker on Tuesday.

The analysts upgraded VFC to “Buy” with a price target of $191. This target suggests about a 21% upside to Friday’s closing price of $157.88.

V.F. Corp shares were inactive during pre-market trading on Tuesday. The stock is up +7.36% over the past twelve months.

The Bottom Line
Shares of V.F. Corporation (VFC) have a dividend yield of 2.20% based on Friday’s closing price of $157.88 and the company’s annualized dividend payout of $3.48 per share.

V.F. Corporation (VFC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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