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Fly News Breaks for October 29, 2015
HBI
Oct 29, 2015 | 07:56 EDT
Brean Capital said the stabilization of core revenues drove the earnings upside at Hanesbrands. The firm remains constructive on the shares, citing the stabilization of its innerwear business, ongoing core margin drivers, and the potential for higher multiples based on improved visibility. Brean Capital reiterated its Buy rating and raised its price target to $38 from $36 on Hanesbrands shares.
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