Kontoor Brands Inc. (KTB) Tops Q3 EPS by 75c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

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Go back to Kontoor Brands Inc. (KTB) Tops Q3 EPS by 75c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

Kontoor Brands (KTB) PT Raised to $44 at Susquehanna

October 29, 2020 12:47 PM EDT

Susquehanna analyst Sam Poser raised the price target on Kontoor Brands (NYSE: KTB) to $44.00 (from $30.00) while maintaining a Positive rating.

The analyst commented, "Buy KTB. The far better than expected 3Q20 results on all line items, and the reinstated quarterly dividend at $0.40 quarter vs.... More