Guggenheim Maintains Buy on Kontoor Brands, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Robert Drbul maintains a Buy rating on Kontoor Brands (NYSE:KTB) and raises the price target from $75 to $80.
August 02, 2024 | 7:24 pm
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Guggenheim analyst Robert Drbul maintains a Buy rating on Kontoor Brands and raises the price target from $75 to $80.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100