UBS Maintains Neutral on Hanesbrands, Raises Price Target to $6.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Hanesbrands (NYSE:HBI) and raises the price target from $5 to $6.5.
August 27, 2024 | 1:03 pm
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UBS analyst Jay Sole has maintained a Neutral rating on Hanesbrands but increased the price target from $5 to $6.5, indicating a more positive outlook.
The increase in the price target from $5 to $6.5 by UBS suggests a more optimistic view on Hanesbrands' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
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