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Fly News Breaks for February 16, 2016
HBI
Feb 16, 2016 | 08:01 EDT
Brean Capital met with Hanesbrands management and believes its business model is more resilient than the market fears. The firm sees numerous levers that will allow the company to achieve guidance and notes that its gross margins peak has not yet been reached and its free cash flow is set to accelerate. Brean Capital reiterated its Buy rating on Hanesbrands shares.
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