Hanesbrands (HBI) Spikes as CL King Upgrades to Strong Buy
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Shares of Hanesbrands (NYSE: HBI) are surging sharply this morning amid an analyst upgrade. The stock most recently traded at $22.83, up 12.3% from Friday's closing price.
An analyst CL King raised his investment rating on Hanesbrands from Neutral to Strong Buy, also setting a $26 price target.
The firm's new price target still represents potential upside of almost 14%.
Visit our Analyst Ratings page to see all the analyst action on shares of Hanesbrands.
Hanesbrands Inc., a consumer goods company, engages in the design, manufacture, sourcing, and sale of apparel essentials for men, women, and children in the United States and internationally.
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