: VF Corp.’s stock rises after J.P. Morgan upgrades apparel and footwear maker to neutral from under

VF Corp. VFC, the maker of Vans sneakers and North Face coats, drew an upgrade to neutral from underweight Wednesday. J.P. Morgan analyst Matthew R. Boss raised his price target on VF Corp. to $19 a share from $15. The company’s stock was up 3.9% in premarket trading. With the stock down 80% in the past 24 months, the company is expected to reverse its multi-year risk/reward profile with higher gross margins and cost savings, as well as about $1.75 billion in debt repayment expected by April...