UBS Maintains Buy on Kontoor Brands, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Buy rating on Kontoor Brands (NYSE:KTB) and raises the price target from $90 to $103.
October 18, 2024 | 2:03 pm
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POSITIVE IMPACT
UBS analyst Jay Sole has reaffirmed a Buy rating on Kontoor Brands and increased the price target from $90 to $103, indicating confidence in the company's future performance.
The increase in the price target from $90 to $103 by UBS suggests a positive outlook on Kontoor Brands' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100