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Fly News Breaks for April 13, 2018
HBI
Apr 13, 2018 | 07:33 EDT
DA Davidson analyst Andrew Burns keeps his Buy rating and $27 price target on Hanesbrands ahead of its earnings report, saying the Q1 consensus numbers look attainable based on the "positive comp trends at department stores" as well as expectations of continued "healthy international organic growth". Burns keeps his Buy rating on Hanesbrands and calls its 14-times PE multiple on his FY19 EPS estimate a "compelling valuation".
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