UBS boosts estimates on VF Corporation

• UBS lifts it price target on Buy-rated VF Corporation (NYSE:VFC) to $66 from $59 after taking in the company's Q2 earnings report.
• The PT is 19.8X UBS' 2018 EPS estimate on VF.
• VF's Q2 report included a 2% jump in revenue and 80 bps improvement in gross margin rate.
• Previously: V.F. beats by $0.01, beats on revenue (July 24)
• Previously: Credit Suisse lifts estimates on VF Corporation (July 24)