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TipRanks
Thu, Jun 19, 2025, 9:40 AM 1 min read
In This Article:
Noble Capital upgraded Vince Holding (VNCE) to Outperform from Market Perform with a $2.50 price target after the company reported “solid” Q1 results and highlighted steps it has been taking to reduce its exposure to China, currently roughly 60% of its cost of goods sold. The company is sourcing from other countries and expects that China will be roughly 25% of its cost of goods by the end of 2025, notes the analyst, who says the company is mitigating tariff risks “much faster than expected.”
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