HanesBrands (HBI) Declares $0.15 Quarterly Dividend; 2.6% Yield

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Wells Fargo Downgrades Hanesbrands (HBI) to Market Perform

October 25, 2017 3:19 AM EDT

Wells Fargo downgraded Hanesbrands (NYSE: HBI) from Outperform to Market Perform with a price target of $23.00 (from $27.00).

Analyst Ike Boruchow comments that the story is a "battleground" and fails to find any visibility into when the sentiment surrounding the business will... More