Barclays Maintains Equal-Weight on Kontoor Brands, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Paul Kearney maintains an Equal-Weight rating on Kontoor Brands (NYSE:KTB) and raises the price target from $41 to $47.
August 04, 2023 | 3:06 pm
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Barclays maintains an Equal-Weight rating on Kontoor Brands and raises the price target from $41 to $47, indicating a positive outlook.
The raised price target by Barclays indicates a positive outlook for Kontoor Brands. This could potentially attract investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100