Where Kontoor Brands Stands With Analysts
Portfolio Pulse from Benzinga Insights
Kontoor Brands (NYSE:KTB) has received 4 analyst ratings in the last quarter, with 3 being bullish, 1 somewhat bullish, and none indifferent, somewhat bearish, or bearish. The average price target is $62.0, representing an upside from the current price of $57.88. The price target has increased by 17.71% over the past month. Analyst ratings are based on information from company events, financial statements, and insider conversations, and they provide guidance on stock performance.
December 14, 2023 | 9:00 pm
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POSITIVE IMPACT
Kontoor Brands has a favorable outlook from analysts with an average price target of $62, indicating a potential upside from the current price of $57.88. The price target has seen a significant increase recently.
The positive analyst ratings and the increased price target suggest that there is a strong expectation of Kontoor Brands' stock price to rise in the short term. The unanimous bullish sentiment among the analysts contributes to the high importance and relevance scores.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100