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Hanesbrands: Why Wall Street Recommends a ‘Hold’

Victoria Dean
Hanesbrands: Why Wall Street Recommends a ‘Hold’

As of December 3, of the 15 analysts covering Hanesbrands (HBI) stock, 40% recommend a “buy” and the remaining 60% have given HBI a “hold” rating. In the past 15 days, there has been one price target change for HBI. On December 1,  Citigroup raised its price target to $18.00 from $17.00.