Kontoor Brands Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 Outlook

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Kontoor Brands (KTB) PT Raised to $59 at Wells Fargo

February 28, 2023 1:48 PM EST

Wells Fargo analyst Will Gaertner raised the price target on Kontoor Brands (NYSE: KTB) to $59.00 (from $48.00) while maintaining a Overweight rating.

The analyst commented, "With sentiment low heading into the print (4Q22 Street revs & EPS below guidance), KTB delivered an upside surprise, beating... More