Form 4 Hanesbrands Inc. For: Jul 31 Filed by: Lewis Markland Scott
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Hanesbrands (HBI) PT Lowered to $25 at Deutsche Bank
August 2, 2018 8:37 AM EDTDeutsche Bank lowered its price target on Hanesbrands (NYSE: HBI) to $25.00 (from $27.00) while maintaining a Buy rating.
Analyst Tiffany Kanaga commented, "HBI executed in 2Q with an in-line EPS vs. guidance (albeit a penny shy of elevated sell-side expectations) and also reiterated full year guidance, which we believe could have been enough to move the stock a bit higher under normal circumstances, considering very negative investor sentiment around the name. However, focus has... More
