Decoding 4 Analyst Evaluations For Kontoor Brands
Portfolio Pulse from Benzinga Insights
In the past three months, four analysts have rated Kontoor Brands (NYSE:KTB), with a majority being bullish. The average 12-month price target has increased by 10.59% to $88.75. Analysts from UBS, Stifel, Guggenheim, and Barclays have raised their price targets, reflecting positive sentiment. Despite a slight revenue decline, Kontoor Brands shows strong profitability and financial health.
October 18, 2024 | 4:01 pm
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Kontoor Brands has received predominantly bullish ratings from analysts, with an increase in the average 12-month price target by 10.59% to $88.75. Analysts from major firms have raised their price targets, indicating positive sentiment. Despite a slight revenue decline, the company maintains strong profitability and financial health.
The article highlights that four analysts have rated Kontoor Brands, with a majority being bullish. The average price target has increased significantly, and major firms have raised their targets, indicating positive sentiment. Despite a slight revenue decline, the company's strong profitability and financial health support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100