ISI sees lululemon, Puma as potential targets for VF Corp. When upgrading VF Corp. (VFC) earlier today to Buy from Neutral, ISI Group said it expects the retailer to undertake one or two meaningful acquisitions every other year. ISI listed lululemon (LULU), Puma and Lands' End as potential takeover candidates for VF. Shares of lululemon are up 3% to $46.33 in early trading while VF Corp. is up 2% to $63.86.
News For LULU;VFC From The Last 14 Days
Check below for free stories on LULU;VFC the last two weeks.
On The Fly: Analyst Downgrade Summary Brown Forman (BFA, BFB, BF.A, BF.B) downgraded to Hold from Buy at Deutsche Bank... GT Advanced (GTAT) downgraded to Underperform from Market Perform at Raymond James... Genuine Parts (GPC) downgraded to Neutral from Buy at SunTrust... InterMune (ITMN) downgraded to Neutral from Buy at UBS... Tesco (TSCDY) downgraded to Hold from Buy at Deutsche Bank... Visa (V) downgraded to Market Perform from Outperform at Raymond James... Williams-Sonoma (WSM) downgraded to Equal Weight from Overweight at Morgan Stanley... Bob Evans (BOBE) downgraded to Underweight from Equal Weight at Stephens... lululemon (LULU) downgraded to Neutral from Buy at DA Davidson... J.C. Penney (JCP) downgraded to Neutral from Buy at BTIG.