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Fly News Breaks for April 2, 2018
HBI
Apr 2, 2018 | 07:37 EDT
Macquarie analyst Laurent Vasilescu initiated Hanesbrands with a Neutral and $19 price target. The analyst would like to see sustainable organic top line growth, is concerned about profitability as activewear increases over higher margin innerwear business, and would like to see a sustainable cash flow model to lower debt load.
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