UBS Maintains Buy on Kontoor Brands, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole has maintained a Buy rating on Kontoor Brands (NYSE:KTB) and raised the price target from $103 to $110.
November 01, 2024 | 6:29 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS analyst Jay Sole has maintained a Buy rating on Kontoor Brands and increased the price target from $103 to $110, indicating confidence in the company's future performance.
The increase in the price target from $103 to $110 by UBS suggests a positive outlook for Kontoor Brands, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100