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VF (VFC) Stock Bounces Back After Analysts Comment on Earnings

NEW YORK (TheStreet) -- Shares of VF Corp. (VFC - Get Report) were gaining 5.8% to $67.43 on Monday as analysts commented on the apparel company following its poor third quarter financial results.

Analyst firm Piper Jaffray upgraded VF to "overweight" on Monday, saying that the pullback following the company's earnings report was an overreaction, according to The Fly. Analyst Erinn Murphy highlighted that VF maintained its 15% year over year earnings growth guidance for full year 2015.

Piper Jaffray lowered its price target for VF to $80 from $81 despite the upgrade.

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