Stifel Reiterates Buy on Kontoor Brands, Maintains $63 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has reiterated a 'Buy' rating on Kontoor Brands (NYSE:KTB) and maintained a price target of $63.
September 18, 2023 | 3:44 pm
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Stifel analyst Jim Duffy has reiterated a 'Buy' rating on Kontoor Brands and maintained a price target of $63.
The reiteration of a 'Buy' rating by a Stifel analyst indicates a positive outlook for Kontoor Brands. The maintained price target of $63 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100